I wonder what their (billionaires) plan is for the end of dollar hegemony. Like they are asset owners so the currency isn’t such a big issue…I guess I would expect them to be concerned about capital controls preventing them from cashing out and moving on.
I wonder what their (billionaires) plan is for the end of dollar hegemony. Like they are asset owners so the currency isn’t such a big issue…I guess I would expect them to be concerned about capital controls preventing them from cashing out and moving on.
That’s what I’m expecting as well. Billionaires will just move their money out of US, and then they’re going to swoop in to buy stuff up on the cheap when the crash happens. A lot of them have already been preparing for this. A prime example here. https://www.businessinsider.com/warren-buffett-memes-stock-market-crash-cash-pile-apple-quotes-2025-3