So it appears that Kabul has already fallen to the Taliban. The US backed Afghan army didn't last more than a few days when left to stand on its own two feet. The will to fight was simply not there, and without a will to fight, no amount of money and military equipment will save anyone from defeat.
The debacle in Afghanistan is terrible news for all things backed by US military force, not least the dollar which derives its strength from the military.
The US dollar serves as the world's premier reserve currency largely due to the might of the US military. The US dollar is a faith based fiat currency. Its value is dependent on the idea that the US can collect taxes from its citizens and demand tribute from vassal countries. However, with its military now humiliated by a ragtag army of goat herders, that faith is worn thin. The sheer speed of the collapse is further reason to worry.
Kabul looks to become at least as bad for the US as was Saigon back in 1972. The knock on effect for the dollar is likely to be correspondingly bad. From 1972 to 1980, gold went up by ten times from $63 to $630 per ounce. Are we going to see $17,500 gold by 2030? Time will tell, but history suggests that it will be so.
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