ilmscore | Are We Facing the END of the US Dollar? Must Watch!

Are We Facing the END of the US Dollar? Must Watch!

Published: 2024-11-09
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
A brief US debt default is predicted to cause a global economic crisis, while a long-term default would be catastrophic.
"economists believe that even a brief default would cause a global economic crisis while a long-term default would be catastrophic."
US Debt Default Impact
Pending
A US debt default could lead to a 9% increase in unemployment, equating to approximately 6 million job losses.
"unemployment to rise by around 9% This equates to around 6 million jobs being lost in the United States"
US Unemployment
Pending
A US debt default could cause the stock market to decline by as much as 45%.
"some economists predict that the stock market could decline by as much as 45%"
US Stock Market
Pending
A US debt default could significantly weaken the US dollar and lead to its abandonment as the world's reserve currency.
"the US dollar would be significantly weakened and this would likely lead to being abandoned as the world's Reserve currency"
US Dollar Reserve Currency Status
Pending
Inflation will continue to devalue the US dollar, a trend observed for decades.
"inflation will devalue the US dollar much like it's been doing for decades"
Inflation
Pending
Gold and Bitcoin are predicted to perform well (bullish) as hedges against inflation.
"it would simultaneously be bullish for assets like gold and Bitcoin which are often used as Hedges against inflation"
Gold and Bitcoin as Inflation Hedges
Pending