Do you think the United States is internally monolithic? Not true
The US dollar, as the world's reserve currency, has always been considered the safest asset. However, in recent years, budget deficits, currency overvaluation, and the U.S. debt crisis have destabilized the dollar's position. As a result, more and more countries and regions are trying to break free from the shackles of the dollar and move towards a more valuable and stable **.
Texas is one of the largest economies in the United States and the first state to propose a separation from the dollar. Texas has built its own **reserves, and plans to vote in 2023 on restoring the gold standard and using ** as legal tender. The move could lead to 36 other states following suit, posing an unprecedented threat to U.S. federalism.
Saudi Arabia is the world's largest oil exporter and has been a staunch supporter of the US dollar. However, under the influence of US hegemonism, Saudi Arabia is tightening its relations with China, beginning to settle oil ** in yuan and exchange it for yuan ** on the Shanghai International ** exchange. Saudi Arabia has reportedly shipped 1,667 tons** to Shanghai in preparation for a currency swap with China to strengthen its own financial security.
If Texas issues its own virtual gold and silver currency. Does this herald the disintegration of the United States?
Relations between Texas and the kingdom have been strained, especially on the issue of illegal immigration at the border, where there are serious differences of opinion between the two sides. Texas believes that the influx of illegal immigrants due to the failure of officials to effectively control border security has put enormous pressure on the Texas economy and society. As a result, Texas has been seeking more autonomy and has even had the idea of withdrawing from the U.S. Union.
The Texas Legislature is preparing an important bill aimed at removing the US dollar's legal tender status in Texas and replacing it with a virtual currency denominated in ** and **. The ** of this virtual currency will be exchanged on a one-to-one basis**and**, which means that one virtual currency is equivalent to one ounce **and**. Residents and businesses in Texas will be able to use this virtual currency for everyday transactions and savings, and it can be easily exchanged for U.S. dollars or **and**.
The bill's proponents argue that it will protect Texas' wealth from the dollar's depreciation and inflation, while reducing dependence on the Federal Reserve and enhancing Texas' economic sovereignty and security. They also claim that this virtual currency will be a much more stable currency because it is backed by solid ** and ** instead of just being printed by ** and the Fed as paper money as it pleases, as is the case with the US dollar.
If the bill passes, Texas will be the first state in the United States to abandon the use of the U.S. dollar. This means that, at least in the monetary sphere, Texas has de facto seceded from the United States. It has been reported that 37 states are currently pushing for de-dollarization.
Will the United States stand idly by in the face of the trend towards de-dollarization? If the United States** stands idly by, the monetary unity and federal stability of the United States will be seriously threatened, the position of the dollar will be weakened, and the economic and financial system of the United States will be thrown into chaos. If they take tough measures to try to stop the de-dollarization of these states, then the United States is likely to descend into civil war and the US federal system will collapse at an even faster pace. In any case, this is a situation that the United States does not want to see.
In addition to Texas and Saudi Arabia, America's traditional allies, including Germany, France, and Japan, are quietly preparing to return to the gold standard. They all realize that the economic recession and social unrest in the United States will make the dollar lose credibility and value, and ** is an eternal symbol of wealth and power.
In this world, perhaps only a few intellectuals and colonialists in China continue to blindly worship the United States, believing that the United States is always great, and brazenly shouting online for continued purchases of American bonds. They are either ignorant or have ulterior motives.
It is not unfounded to say that the debt of the United States will soon turn into a pile of waste paper. With the U.S. debt already exceeding $34 trillion, far exceeding its gross domestic product, a collapse or outright default is inevitable.
Regardless of the overall situation, the US government has taken severe suppressive measures against China in an attempt to sever ties with China in the economic, scientific and technological fields, and has seriously weakened the financial strength and international influence of the United States.
The U.S. financial system is built on the basis of dollar hegemony and global power, and China is the largest partner of the United States and the largest embodiment of U.S. financial value. If the United States breaks away from China, it will be tantamount to giving up its own market and huge profits, and losing the support of a financial power.
At the same time, U.S. interference and provocations in international affairs have led to wars and instability in Russia, Ukraine, the Middle East and other regions, which have not only consumed U.S. military spending and resources, but also increased U.S. debt and deficits, leaving the U.S. economy in trouble.
The colonial peoples believed that the United States would not collapse like the Soviet Union did, because they believed that the United States had a stronger democratic system and the ability to innovate. But this is just a blind trust that ignores the fundamental problems of the United States.
The United States today is like a beautiful skyscraper on the outside but rotten on the inside, its foundations have been destroyed by its own policies and misdeeds, internal contradictions and conflicts of interest have made it lose its cohesion and direction, and like the Soviet Union, it is in danger of collapse.