Anonymous

16 Feb 2021

∙

General Investing

If the US dollar crashes, how will that affect us in Singapore?

Let’s hypothetically say that one day the US dollar crashes. What will happen to our savings in our local banks and what other repercussions could happen?

This is all just hypothetical but with the US dollar so intrinsically linked to the world markets, I'm wondering what are the repercussions us common folks could face.

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JT

16 Feb 2021

Usd is world reserve currency , back by world richest country , biggest army . if usd crash , the world have bigger problem to face than ur bank deposit in sg.

maybe world war 3 ? ren min bi as new reserve currency ? u never know

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