Merlin
34.2K posts

Merlin
@Merlindemage
Trust not the summer of a man's intentions, for it is oft followed by the winter of his heart. Keep always the cold steel by your side. NO DMs-NO TRAINS



Enrique is a TPS holder who has been legally living and working in the United States for over 13 years. If his TPS is terminated, he could be deported to unsafe conditions immediately — a limbo that millions are living with under Trump.

The world is using more US Dollars than ever: Offshore US Dollar deposits held in banks outside the US are up to a record ~$14.5 trillion. This is +220% more than the ~$4.5 trillion held at the beginning of the century. By comparison, only ~$3.5 trillion worth of euros are held in offshore banks, outside the Eurozone. And, the Fed and domestic commercial banks hold over $19.0 trillion. This means offshore US Dollar deposits are now equivalent to~43% of US domestic bank deposits, with no other currency coming close to this percentage. Global demand for USD is incredibly high.


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