The China-Russia Threat To The Dollar Is Real and Could Decimate Americans’ Finances: You do not have to be an economist or financial advisor to recognize the massive threat to the U.S. economy posed by China and Russia. The leaders of the BRICS coalition have as their stated goal to replace the dominance of the U.S. Dollar in the world. If they can even partially accomplish this, they will disrupt the abilities of American businesses and citizens to thrive. If they can fully accomplish their goals, it would cause an economic collapse in the United States unlike anything we’ve seen. The U.S. Dollar’s status as the world’s reserve currency and the Petrodollar have enabled us to accumulate a massive national debt without crumbling under the weight of it because the vast majority of other nations would crumble along with us. But if China, Russia, or a globalist coalition pulls the financial rug out from under us, we will fail. Some Americans don’t understand that failure would not be isolated to government finances. It’s understandable some would think they won’t be affected because our economy has always been resilient; even after major downturns such as 2008-09, most Americans were able to come out of it okay and even thrived a few years later under the Trump administration. But what we’re seeing developing right now is very different from 2008-09. A sudden chain reaction of collapses, from stock markets to housing markets, would decimate wealth across the nation. I remember that. It was funny! Mostly Empty Office Tower for Sale in San Francisco is a Preview of a Coming Crisis in Commercial Real Estate: Remember before the pandemic, when millions of Americans would commute to work and do their jobs in office buildings? Some people still do that, but not nearly as many as did before COVID. Lots of people discovered that they could do their jobs remotely and liked the convenience of working from home. Now there are office buildings in cities across the country that are sitting, mostly empty. What is going to happen to these properties? Who is going to buy and maintain them, and for what purpose? The Wall Street Journal reports: Fire Sale: $300 Million San Francisco Office Tower, Mostly Empty. Open to Offers. One building, a 22-story glass and stone tower at 350 California Street, was worth around $300 million in 2019, according to office broker estimates. That building now is for sale, with bids due soon. They are expected to come in at about $60 million, commercial real-estate brokers say. That’s an 80% decline in value in just four years. Nearly 30% of San Francisco’s office space is vacant, which is more than seven times the rate before the pandemic hit, and the biggest increase of any major U.S. city, according to commercial real estate services firm CBRE Group Inc. This problem is not unique to San Francisco. Every city in the country has empty office buildings and no one is lining up to buy or lease them. San Francisco Repeals Boycott of Conservative States; California May Follow: San Francisco repealed its boycott of conservative states over legislation on social issues on Tuesday because the boycott did not work and raised costs for the city. California may also soon repeal a similar boycott law. As Breitbart News reported in February, the San Francisco Board of Supervisors decided to reconsider an ordinance passed in 2016 that banned city-funded travel to states that had passed laws like transgender bathroom ordinances. The ordinance also banned contracting with companies headquartered in those states. The boycott eventually expanded to include states that passed voter integrity laws and abortion restrictions. But over time, the boycott failed to deter such laws, and raised the city’s contracting costs by 10% to 20%. As Breitbart News noted last month, California is also reconsidering its ban on state-funded travel to conservative states — a ban that Gov. Gavin Newsom (D) has repeatedly flouted by vacationing in such states or by visiting them to campaign against their laws and policies. People Need to ‘Accept’ Being Poorer Amid Inflation, Says Central Banker: The public should just “accept that they’re worse off” than they were a year ago amid rampant inflation, an ivory tower Bank of England boss said this week. Huw Pill, the chief economist for the UK’s central bank, said that people should not seek salary increases to cope with the soaring inflation, which the Bank of England predicted would be a “temporary” phenomenon in August of 2021, yet, inflation remains in double digits in Britain nearly two years later. In a ‘let them eat cake’ moment, Pill, who reportedly earns a salary of £190,000 per year, said that rather than demanding pay increases commensurate with the rise in cost of living, the central banker said that people should just “accept that they’re worse off” condemning the “reluctance” of families to come to grips with the impacts of inflation on their way of life.