'Nobody will trust a US treaty again,' and Japan's yen is now the new safe haven currency, strategist says

[Yo_Mama_Been_Loggin]

Quantum Strategy's David Roche said "NATO is dead" as the US distances itself from European allies and warms up to Russia. That makes Vladimir Putin and Xi Jinping the big winners and the US the "big loser," he added, with Japan's yen displacing the dollar as the world's safe haven currency.

An American promise is looking more doubtful as the US upends traditional geopolitics, with repercussions in global financial markets, according to Quantum Strategy's David Roche.

In an interview with CNBC on Tuesday, he declared that "NATO is dead," with President Donald Trump distancing the US from long-time European allies and warming up to the Kremlin, which was underscored by his recent shouting match with Ukrainian President Volodymr Zelensky.

That makes Russia's Vladimir Putin and China's Xi Jinping the big winners, as they see confirmation of their views that democratic powers are on the decline, Roche explained.

https://finance.yahoo.com/news/bond-market-pricing-trump-recession-205139686.html

Heckuva job Donny

[creon]

1. China

China is the winner.
It has the assets.

Russia is, in effect, a client of China.

Europe will have to create a security system without the uS.

The US will be a pariah.

[questionseverything]

2. The dollar losing status as the preferred global currency will be our downfall

It depresses me to see such an important op receive so little attention but ty for posting and trying to inform us

[elocs]

3. Yes, things in America will never be the same again no matter what.

Our allies no longer trust us for anything. We will become a second rate nation with nukes.