The end of US’ exorbitant privilege
By José M. López Sierra – Puerto
InfoAlDesnudo
For 80 years, the United States (US) has had an exorbitant privilege by having its dollar as the world’s reserve currency. The People’s Republic of China and the rest of the world are putting an end to that by creating an alternative. The US, believing that its hegemony will last forever, is trying to bully China and the world with tariffs. That has only accelerated the collapse of the US Empire. Please click on this link for more: https://youtu.be/eIaLWO_vr18
These US tariffs are not for the benefit of the 97% of Americans who are employees. US employees are the ones who are most hurt by the tariffs.
The 3% of Americans, who are employers, hurt employees in the 1980’s by moving their production abroad to make more profits. Now President’s Trump’s tariffs are only to maintain the tax breaks that he gave oligarchs during his first presidency.
That is why today 40 million Americans live in poverty, and 201 million more live from paycheck to paycheck, while 9 of the 10 richest men in the world are also Americans.
And that is why the US has consistently refused to comply with 42 United Nations’ resolutions demanding the immediate return of Puerto Rico’s sovereignty to the Puerto Ricans. 6 million Puerto Ricans have abandoned their national territory in the meantime (gentrification), and half of the 3 million people in Puerto Rico live in poverty! The UN’s Puerto Rico decolonization hearing this year will be on Monday, June 16, 2025.
The end of the US Empire too!