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Shawn Ryan
FMR Navy SEAL/CIA Contractor. Host of the @shawnryanshow
RFK Jr. on BRICS expansion and the risk of a ‘free fall’ scenario for the US economy.
“Yeah, at least 22 countries are now part of it. And the whole premise is to destabilize. It’s to get off the American dollar, get off balance. We’re going to get off the American dollar to take the power away from America. And that if that happens, the US economy will go into a free fall. The question is, how fast is it going to happen? And are we going to be able to put safeguards in place to in order to avoid a massive, massive depression that could make the Great Depression look like a cakewalk? We have a $34 trillion debt right now. And within five years, $0.50 out of every dollar that we collect taxes is going to go to servicing the debt within ten years, 100%. And that’s if interest rates don’t rise.”
@RobertKennedyJr
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Former World Bank Director, Erik Bethel, breaks down a US dollar collapse scenario.
“How are they buying it? Well they buy it by printing money. The artificial demand for dollars around the world is largely due to the fact that 60% of central banks have the dollar sitting in reserves. If the dollar isn’t there because nobody wants to use the dollar, we’re screwed. All that artificial demand for dollars disappears and we crater. We’re not going to be able to pay Medicare. And we’re adding $1 trillion of debt every hundred days. You know our government is paying more in interest on our debt, like over $1 trillion in interest alone. We’re paying more in interest, just in interest to service the debt than we are paying for the Defense Department. People start losing faith in the dollar. We see huge amounts of inflation, perhaps hyperinflation.”
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Former World Bank Director, Erik Bethel, breaks down a US dollar collapse scenario.
“How are they buying it? Well they buy it by printing money. The artificial demand for dollars around the world is largely due to the fact that 60% of central banks have the dollar sitting in reserves. If the dollar isn’t there because nobody wants to use the dollar, we’re screwed. All that artificial demand for dollars disappears and we crater. We’re not going to be able to pay Medicare. And we’re adding $1 trillion of debt every hundred days. You know our government is paying more in interest on our debt, like over $1 trillion in interest alone. We’re paying more in interest, just in interest to service the debt than we are paying for the Defense Department. People start losing faith in the dollar. We see huge amounts of inflation, perhaps hyperinflation.”
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