Imagine what would happen if America left the IMF
Imagine what would happen if America left the IMF
Withdrawal would undermine US international prestige and the privileged role of its financial institutions
Dedollarization would happen.
It will be painful for countries which are vulnerable and ill prepared.
I honestly think there's a good chance it will happen soon. Trump is speed running "how to dismantle the US power and influence in one presidential term".
I am convinced he is a total Putin puppet and the only reason it doesn't always seem that way, is to be able to deny those allegations.
Withdrawing from the fund would be a significant own goal. If it were to do so, the US would lose all influence over the IMF’s policies and operations. More importantly, withdrawal would dramatically diminish the international role of the US dollar.
Hmm so probably going to be announced next week
That would be fucking amazing.
It may take a while to get there, but I reckon a far less globally influential USA might eventually be a net positive for the world.
But would it personally make Trump a few bucks richer?
This is honestly the only way to predict what the man will do. Identify even the slightest personal advantage to his move.
Why run for president in 2024? To avoid jail. Why put tariffs on and off? To buy and sell stocks as the market bends to your tweets. Why act like a religious right wing weirdo? To have no personal accountability. Why pull out of nato? Because someone personally offended you. Why host political events at maralago? To make a quick buck renting out rooms. He's so transparent it's pitiful.
Imagine not having to kowtow to FT's 32 "partners"
Ethan Hunt will probably still do his job
The world would be a far better place.