LSU-SIU
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It's called mutually assured economical destruction. It's why we are trying to decouple from China.
Correct. And China has been trying to decouple from the Federal Reserve system. If China withdraws the whole global system will collapse. They (China) admitted in 2008 during the financial crisis there is no backup system and they couldn't decouple or the whole system collapses. Through brics they are trying to create a backup system but that is kind of meaningless, all of it still eventually goes back to US dollars ie world reserve currency.
Life as we know it today would end without one nuclear weapon going off. Billions would have to go, as this is all a function of a global credit system.
Asia and Africa would probably lose the most i.e. liquidation of the unfunded liabilities initially, probably followed by Europe. My guess. The rest would be hard to calculate meaning war and regional war, plus starvation.
Reset.
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