Renowned American geopolitical and financial cycle expert Charles Nenner has issued a dire warning about the future of the US dollar, suggesting that it may be on the verge of collapse.
Nenner, who has accurately predicted various economic trends in the past, believes that the dollar’s days as the world’s reserve currency could be numbered due to the increasing influence of the BRICS nations and the potential for global conflict.
BRICS nations pose a threat to the US dollar
The BRICS countries—Brazil, Russia, India, China, and South Africa—have been working to reduce their dependence on the US dollar and are reportedly exploring the creation of a new type of currency.
According to Nenner, the increasing involvement of Saudi Arabia in these efforts could spell the end for the dollar’s dominance. As more countries move away from the top currency, it could lose its position as the global reserve currency, sending its value plummeting.
Nenner’s predictions indicate that the dollar could drop to 70 on the dollar index, a far cry from its current position of slightly above 100.
The decline of the dollar, he warns, could have far-reaching consequences for the United States economy, leading to a brief increase in exports but ultimately resulting in economic stagnation and decline.
The end of the American empire
Nenner’s analysis also points to what he sees as the decline of the United States as a global power. He asserts that America is no longer the world’s leading nation, and that its influence is waning.
This decline, coupled with the potential collapse of the dollar, could lead to a significant downturn in the United States economy, and possibly even signal the end of American civilization as we know it.
The expert also highlights the risks associated with his war cycle predictions, suggesting that up to 30% of the world’s population could perish in the next global conflict.
Nenner warns that wars in Taiwan, South Korea, and the Middle East could all erupt simultaneously, leaving the country struggling to maintain its position on the world stage.
Signs of economic turmoil ahead
Nenner’s outlook is far from optimistic, as he also points to troubling trends in the real estate market and the potential for a “Great Depression-style crash” in the near future.
The financial analyst notes that major banks are seeking his advice on purchasing physical gold as a means of safeguarding their assets in the face of impending economic catastrophe.
As a final warning, Nenner asserts that a collapse of the US dollar would likely lead to investors worldwide dumping their securities, causing further economic turmoil.
He cautions that if China and Russia were to sell off their US bonds, the consequences could be disastrous for the global economy.
Charles Nenner’s predictions paint a bleak picture of the future, with the potential collapse of the US dollar and the decline of American influence on the world stage.
With geopolitical tensions mounting and economic indicators pointing to a potential crisis, Nenner’s analysis serves as a sobering reminder of the fragility of our global economic system.
Source: https://www.cryptopolitan.com/us-dollar-on-the-brink-of-collapse-analyst/