We are already in WW3 — World War Three; you just don’t know it yet.
Putin’s invasion of Ukraine is the start of WW3. Most of us just don’t know that yet.
Like when Hitler invaded Poland, most people were busy living their own lives, going on day by day, unaware. Because of mass media, many, if not most, people know the horrors of what is happening in Ukraine. But are they prepared for the massive changes to come?
The death of the dollar.
Average Americans will suffer from World War Three even if the battles are far away. The U.S. Dollar, which already had its days numbered as the world’s reserve currency, will soon lose the reserve status. What does that mean for U.S. citizens? Massive and quick inflation.
About a decade ago, the Argentinian currency collapsed and lost thirty percent of its value overnight. As we decouple with Russia and China, they will no longer need to or want to use our currency as a medium of exchange. Expect and plan for inflation beyond what we now have. Everything will cost much more, and our incomes will not rise enough to cover it. One good thing is that manufacturing is likely to return to the United States.
Will we enter this war? It’s likely.
It’s highly likely that the United States will be drawn in with NATO — if — or more likely when, Putin’s army attacks one of the NATO nations, by intent or accident. Based on how poorly the Russian military is doing in Ukraine, we will win that war, but at a massive cost in human lives and destruction in Europe.
It’s probable that China will attack Taiwan.
When that happens, we will be in a direct war with China. China has been improving its military and is ready for the fight. The U.S. will win, but at a considerable cost. We will see significant military losses, and the destruction of Taiwanese chip producing factories will make our current supply chain crisis seem like the good old days. Fortunately, there are chip factories in the USA, but they are still being built.
The end result.
All wars end. Assuming no nukes are used, the U.S. will come out of this war as a more unified nation and a much more self-reliant nation. We will import far less and produce much more. We will also no longer be able to spend as much as we do personally and nationally. Just like the UK, we will still be an important player in the world, but we will no longer be the lone superpower.
Photo credit — Photo by Mathias P.R. Reding from Pexels. As always, I’m not a financial advisor. This article is for entertainment only. Consult your licensed financial advisor for any financial advice and always do your due diligence. Hire me to be your next content or technical writer.
