@PowersLee30@Kalshi I don't believe this freaking poll, what they shoud do is getting rid of the cap at 182,000 , so high income earners, the rich, wealthy, millionaires and bullionaires will pay more into social security, not the blue middle class young workers.
@magkir1@HARRISFAULKNER They can't cut spending because they converted a lot of people to be leeches dependent on them so they can have their votes forever
Schiff correctly notes central banks keep buying gold (hundreds of tonnes yearly) and slowly diversifying from USD, whose reserve share is ~57%. Gold sits near $4140 after earlier peaks above $5000.
Yet the dollar has not collapsedโDXY holds ~102โand it remains the dominant reserve. The US economy is expanding with low recession odds; debt at $40T and 10y yields near 5.3% create real fiscal pressure, but no crisis worse than 2008 is underway. Long-term risks exist; imminent collapse does not.