Is Trump Crashing the Dollar Empire?

https://jacobin.com/2026/09/an-empire-on-the-edge

26 points · 5 comments · view on lemmy.world

5 Comments

umbrella@lemmy.ml · 1 pts · 7d

please

AviAdi@lemmy.world · -6 pts · 7d (3 replies)

No because every other country is reliant on it and is invested in USA companies. We go down and we take the entire world with US

Setiyeti93@lemmy.ca · 8 pts · 6d (2 replies)

Goes where exactly? Bankruptcy kills companies. But people and society will go on, be it in a different shape.

Plus I've seen an increasing push to divest from the US

DjangoFett@lemmy.zip · 2 pts · 6d

Oh absolutely there is, and I'm all for it.

Problem is, the US still has too deep and insidious a reach in so many places that its become a financial hydra. And the quiet shady alliance with Saudi Arabia and that regime since forever that has recently become disturbingly cozy ensures that hydra is firmly entrenched until everyone is done with oil. Unless you're all fine with supporting Russia instead.

Which devil do you deal with and what's your justification?

I hate all the answers myself. Mainly because I have benefitted from these systems while actively working to make them better in what small ways I have been able and don't want to see other good people here like myself suffer because my regime is utter despotic shit.

Americans aren't the US. Just like North Koreans aren't their government. Russians aren't theirs. So on and so forth. I don't want any of these people to suffer for the evils of their governments, and not just because I now find myself to be among the globally-agreed-upon-out-group.

There are no good answers for anyone, ultimately, until we all agree money is stupid and find a better system than barter/capitalism. What's your idea?

Edit for clarity: I hate both money and capitalism. Still haven't come up with better ideas than money yet. And socially-capped-capitalism unfortunately seems to be the best thing we've come up with yet as a species to figure out what the value of a thing is without barter or human teeth as currency.

AviAdi@lemmy.world · -3 pts · 6d

Nobody is divesting from US. Our stock market would be going down. YTD it's up 11%!