r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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u/Syab_of_Caltrops Dirty HODLer 1d ago

The US is a world champ can kicker. You underestimate this country's can kicking skills.

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u/onpg 1d ago

That worked because we were the world reserve currency. Something our Dear Leader is working very hard to end.

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u/Syab_of_Caltrops Dirty HODLer 1d ago

What's going to replace it, a BRICS currency? The Euro?

I'm not denying there's pressure on the Petro Dollar and there are strong efforts to create an alternative, but all those alternatives are laughable, even conaidering the upheaval at the moment.

Humans love creaming doom and gloom, but it almost never come to pass.

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u/highroller_rob 18h ago

Hot Take: Trump is working to replace the USD with bitcoin.