from Hacker News

Ask HN: Will the US Dollar collapse in 2018?

by useranme on 3/9/18, 12:57 AM with 2 comments

Somewhere between Charlie Lee's "one huge unexpected surprise" and me thinking of diversifying more into crypto, I came across the following interview (Feb 2017) that says the USD dollar will collapse within 12-24 months (by the end of 2018.)

https://www.cnbc.com/2017/02/06/were-going-to-have-a-dollar-collapse-like-the-1980s-analyst-says.html

I read more about what needs to happen for a collapse, but I don't fully understand all the forces at play. So I thought I'd ask HN's economics experts. Will the USD collapse?

  • by AkshayRKapadia on 3/12/18, 6:16 AM

    There is currently a huge bubble propping up the stock market. It's bound to crash. Maybe at the end of 2018. Invest in Gold, it maintains its value when the market crashes.
  • by guilhas on 3/10/18, 5:30 PM

    No expert here. Since last year I seen a lot of news about consumption being down in a lot of areas.