Businessman Kim Schmitz warns of “the biggest collapse in history” economic of the United States
Internet
Published at: 18/08/2024 11:00 AM
Kim Schmitz, German businessman and founder of the download portal Megaupload, pointed out the inevitable fall of the United States economy.
Through the social network X, Schmitz highlighted that the economic strength of the BRICS plans involves the creation of a common payment system among member countries that, according to him, would mark “the end of the dominance of the dollar”.
In this regard, he explained that the current scenario warns of “the greatest collapse in history” for the United States, since if the BRICS initiative were to be consummated, the North American nation would be forced to print large amounts of money that would cause devastating hyperinflation.
According to what was published on the Fuser website, Schmitz's statements are consistent with the analyses of Bank of America investors, who observe a continuous weakening of the dollar.
Mazo News Team