I feel that 2035 is too conservative.

The collapse of the US dollar will be accelerated. If 1973 was the last attempt at a collapse, the starting point this time is 2008. In between, there was a Kondratiev wave cycle of the internet/computer - the US led this Kondratiev wave cycle, which allowed the dollar and US debt to extend their life for another 40 years (Reagan's MAGA, defeating the Soviet Union, defeating Iraq, defeating Japan, defeating the EU, invincible).

We are now in a transitional period between the old and new Kondratiev waves (innovation cycles), and this time it is destined not to be led by the US.

When the US cannot lead the Kondratiev wave, American companies cannot collect excess profits, and thus cannot support the long bull market of the dollar and US debt.

So Trump wants to take a hard stance, but the problem is that this precisely damages the credibility of the dollar. If you were Japan, would you feel uneasy seeing the Mar-a-Lago agreement?

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