American Empire in Danger As Strategic Rivals Target USD, Declares an Ex-Goldman Sachs Executive

According to a financial analyst and former Goldman Sachs executive, both the future of the U.S. dollar and the American empire are now in serious doubt.

Charles Nenner, who served as the director of market timing at Goldman for more than a decade, has reversed his long-held belief that the dollar will continue to be robust.

In a recent interview with USAWatchdog, Nenner says that the group of economically-aligned nations known as BRICS poses a greater threat to the USD than is commonly believed.

“We have known each other for many years, and I predicted that the dollar would remain stable. But no longer, no longer. It is a serious risk. Actually, there is no incentive to hold dollars.

They grossly underestimate the BRICS [Brazil, Russia, India, China, and South Africa] situation, and all nations will form an anti-dollar alliance… The addition of Saudi Arabia spells the end of the dollar as the reserve currency.”

Nenner believes the dollar’s long-term fate has already been determined. “The economy will suffer severely. If the currency falls significantly, the economy could experience a modest uptick because it is favourable for exports. That is merely an attempt to deceive people. Longer term, it is now complete.”

The American empire, according to Nenner, is imperiled by the possibility of a global war cycle, a commercial real estate collapse, and other systemic issues.

In the not-too-distant future, he predicts a collapse akin to the Great Depression. “The same problems that brought down other nations, such as poor education and too many outstanding loans, will cause people to become too sluggish to actually work carefully. Typically, this signifies the conclusion of an empire.”

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