Despite some signs to the contrary, many are arguing that America, under Trump, is facing its worst financial crisis since the 1939 great depression. We are headed for an economic crisis that will make the 2008 financial crisis seem like a Sunday school… pic.twitter.com/KRRhw4bith — Shannon Joy (@ShannonJoyRadio) January 28, 2026Schiff noted that the upcoming event will make 2008 look like a “Sunday school picnic”. ReserveA key driver of all this is that the dollar is losing its status as the ‘global reserve currency’ — i.e., the currency which people use to trade and invest with. the on/off tariffs):This is insane… US Dollar share of global reserve currency has fallen to its lowest levels this century. While the dollar remains the global reserve currency for now, it used to be gold.