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#2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!

 
GodFrequency
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05/26/2012 07:36 PM
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#2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
Japan, which is the 2nd largest economy, and China, the 3rd largest economy, are dumping the dollar as a trading vehicle. I know this has been mentioned here before, but in June, it goes into practice.

[link to www.zerohedge.com]

Buh-bye dollar

byekitty


Meanwhile Australia is given an ultimatum Join us says China, or else suffer the consequences.
Anonymous Coward
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05/26/2012 07:50 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
Japan, which is the 2nd largest economy, and China, the 3rd largest economy, are dumping the dollar as a trading vehicle. I know this has been mentioned here before, but in June, it goes into practice.

[link to www.zerohedge.com]

Buh-bye dollar

byekitty


Meanwhile Australia is given an ultimatum Join us says China, or else suffer the consequences.
 Quoting: GodFrequency


Holy Fucking Shit!!!!!
Anonymous Coward
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05/26/2012 07:50 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
i thought Japan was a buddy of the US..

so why would they rattle good diplomatic ties with the US?
Anonymous Coward
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05/26/2012 07:50 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
What does this mean for the average Joe OP? Is it bad?
Anonymous Coward
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05/26/2012 07:53 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
Japan is the most indebted nation on the earth for the size of their economy
Scuba7

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05/26/2012 07:54 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
What does this mean for the average Joe OP? Is it bad?
 Quoting: Anonymous Coward 1378669


Just the downward spiral of your nation.

Nothing to worry about.

Unless you want to live/eat/breed in ten years.
Do not take memories of what happened yesterday, into what might happen today.

When love is your greatest weakness, you will be the strongest person in the world.
Anonymous Coward
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05/26/2012 07:57 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
What does this mean for the average Joe OP? Is it bad?
 Quoting: Anonymous Coward 1378669


It means a lot. To average, below average, and above average Joe. And many will find that the three G's (gold, guns and gumption) are irrelevant.
Anonymous Coward
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05/26/2012 07:58 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
HOLY FUCKING!!!

Is it time to prepare?
Scuba7

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05/26/2012 07:59 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
And many will find that the three G's (gold, guns and gumption) are irrelevant.
 Quoting: Anonymous Coward 15015575


And what will be relevant?

Seems you would need at least one of those no matter what the future brings?!
Do not take memories of what happened yesterday, into what might happen today.

When love is your greatest weakness, you will be the strongest person in the world.
Anonymous Coward
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05/26/2012 08:00 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
Thread: 16th June
Anonymous Coward
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05/26/2012 08:09 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
And many will find that the three G's (gold, guns and gumption) are irrelevant.
 Quoting: Anonymous Coward 15015575


And what will be relevant?

 Quoting: Scuba7


The ability to stay hidden. And not hidden as in "I have a house on 100 acres and a stockpile of food". That's a beacon and they'll assume you're armed.

Hidden as in nobody has the cause to think you might have something they and their 100 other also-armed friends need to survive. Hidden as in you don't exist.
Scuba7

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05/26/2012 08:12 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
The ability to stay hidden. And not hidden as in "I have a house on 100 acres and a stockpile of food". That's a beacon and they'll assume you're armed.
 Quoting: Anonymous Coward 15015575


I would have thought that was GUMPTION?!

You are right tho. You will survive a lot longer if you can do this.
Do not take memories of what happened yesterday, into what might happen today.

When love is your greatest weakness, you will be the strongest person in the world.
Anonymous Coward
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05/26/2012 08:12 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
i thought Japan was a buddy of the US..

so why would they rattle good diplomatic ties with the US?
 Quoting: Anonymous Coward 14680415


There might be a new Sheriff in town. And next door to boot!
Anonymous Coward
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05/26/2012 08:18 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
And many will find that the three G's (gold, guns and gumption) are irrelevant.
 Quoting: Anonymous Coward 15015575


And what will be relevant?

 Quoting: Scuba7


The ability to stay hidden. And not hidden as in "I have a house on 100 acres and a stockpile of food". That's a beacon and they'll assume you're armed.

Hidden as in nobody has the cause to think you might have something they and their 100 other also-armed friends need to survive. Hidden as in you don't exist.
 Quoting: Anonymous Coward 15015575


South of the border is where it's at my friend... You don't want to be where the best military and police in the world are located, where it's easier to track you electronically, and has the best capability to imprison citizens (world leader in those figures already).

Last I checked, no one here was building a massive datacenter of electronic info, flying drones, or making protests jailable offenses.

Wanna hide? Go where there's no money or technology to track you even if they wanted to.
Anonymous Coward
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05/26/2012 08:21 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
buy TVIX immediately Tuesday morning.
Anonymous Coward
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05/26/2012 08:29 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
And many will find that the three G's (gold, guns and gumption) are irrelevant.
 Quoting: Anonymous Coward 15015575


And what will be relevant?

 Quoting: Scuba7


The ability to stay hidden. And not hidden as in "I have a house on 100 acres and a stockpile of food". That's a beacon and they'll assume you're armed.

Hidden as in nobody has the cause to think you might have something they and their 100 other also-armed friends need to survive. Hidden as in you don't exist.
 Quoting: Anonymous Coward 15015575


South of the border is where it's at my friend... You don't want to be where the best military and police in the world are located, where it's easier to track you electronically, and has the best capability to imprison citizens (world leader in those figures already).

Last I checked, no one here was building a massive datacenter of electronic info, flying drones, or making protests jailable offenses.

Wanna hide? Go where there's no money or technology to track you even if they wanted to.
 Quoting: Anonymous Coward 13980190


Good advice
Anonymous Coward
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05/26/2012 08:40 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
What does this mean for the average Joe OP? Is it bad?
 Quoting: Anonymous Coward 1378669


It means a lot. To average, below average, and above average Joe. And many will find that the three G's (gold, guns and gumption) are irrelevant.
 Quoting: Anonymous Coward 15015575


You are 180 degrees off. The three G's will prove to be invaluable.

Gold has NEVER been valueless. EVER.

Guns? If you don't have any, you will be at the mercy of all those who do. And you don't know just HOW bad things might become.

Gumption? You are going to need a LOT of it, if want to have ANY chance to make it through to the other side of what's coming.

So basically, I don't know what the hell you are talking about. But then again, neither do you.
King David
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05/26/2012 08:41 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
China and Japan are not dumping the Dollar, they still need us and the EU for Trade.

We all have each other by the balls.

Sure, they'd all like to see another competing reserve currency, and I think this would be good for US workers as our politicians would be forced to stop selling our jobs in "trade deals".

The bottom line is this report is full of shit, the USD is Bull Market and so are US Bonds and they will be until we see Euro Bonds or some other Bond backed Money from a Super Power like China, Russia, India, or some combination.

The key is Bonds.

J.D.L. Formally Lead Engineering Strategies Goldman-Sachs.
Anonymous Coward
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05/26/2012 08:41 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
Trading in their native currencies, without the hassle of converting to the "Petro-Dollar" will make it MUCH easier to cut the deals necessary to evacuate Japan's population to those "mysterious" cities China has been building, but not occupying.

Seems like that "accident" with Fukushima was not really an "accident", eh???
Anonymous Coward
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05/26/2012 08:42 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
And many will find that the three G's (gold, guns and gumption) are irrelevant.
 Quoting: Anonymous Coward 15015575


And what will be relevant?

Seems you would need at least one of those no matter what the future brings?!
 Quoting: Scuba7


Pssst!

The guy's an idiot.
Anonymous Coward
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05/26/2012 08:42 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
And many will find that the three G's (gold, guns and gumption) are irrelevant.
 Quoting: Anonymous Coward 15015575


And what will be relevant?

 Quoting: Scuba7


The ability to stay hidden. And not hidden as in "I have a house on 100 acres and a stockpile of food". That's a beacon and they'll assume you're armed.

Hidden as in nobody has the cause to think you might have something they and their 100 other also-armed friends need to survive. Hidden as in you don't exist.
 Quoting: Anonymous Coward 15015575


You're dreaming, Spanky.
Anonymous Coward
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05/26/2012 09:04 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
China and Japan are not dumping the Dollar, they still need us and the EU for Trade.

We all have each other by the balls.

Sure, they'd all like to see another competing reserve currency, and I think this would be good for US workers as our politicians would be forced to stop selling our jobs in "trade deals".

The bottom line is this report is full of shit, the USD is Bull Market and so are US Bonds and they will be until we see Euro Bonds or some other Bond backed Money from a Super Power like China, Russia, India, or some combination.

The key is Bonds.

J.D.L. Formally Lead Engineering Strategies Goldman-Sachs.
 Quoting: King David 16716695


Yes

Only guy here who understands finance
Anonymous Coward
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05/26/2012 09:13 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
Europe is going to transfer American debt over to China at some point in the future, as a reward for all their hard work as Communists.
TheTruthWorker

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05/26/2012 09:14 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
i thought Japan was a buddy of the US..

so why would they rattle good diplomatic ties with the US?
 Quoting: Anonymous Coward 14680415


Some theorist believe last year's March 11 tsunami was orchestrated to get Japan buying more oil with US dollars. The kindred with nuclear power is gone.
Anonymous Coward
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05/26/2012 09:18 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
does this deal also involve the integration of nuclear fallout into chinesse society
Anonymous Coward
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05/26/2012 09:34 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
i thought Japan was a buddy of the US..

so why would they rattle good diplomatic ties with the US?
 Quoting: Anonymous Coward 14680415


ahh..because they realised this relationship is parasitic?

as in a win-loose situation.
Anonymous Coward
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05/26/2012 09:38 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
Trading in their native currencies, without the hassle of converting to the "Petro-Dollar" will make it MUCH easier to cut the deals necessary to evacuate Japan's population to those "mysterious" cities China has been building, but not occupying.

Seems like that "accident" with Fukushima was not really an "accident", eh???
 Quoting: Anonymous Coward 11960878


Hmmm.. I thought USA.gov was going to throw Taiwan to China to appease them but sparky you might be right....besides payback for the raping of Nanking, Japan is in disfavor with the big players because they hate the notion of multi-culturism and they will have none of it, they dont vaccinate their children until at least 2 years old, China will swallow them up and destroy Japanese culture. Then China will rule Far East with Japan out of the way.....you just might be right with Fuk/Nuk/Haarp/ishima
Anonymous Coward
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05/26/2012 09:41 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
How many times have we heard of a country is about to drop the US dollar and it doesn't happen?


bsflag
Anonymous Coward
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05/26/2012 09:49 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
The bottom line is this report is full of shit, the USD is Bull Market and so are US Bonds and they will be until we see Euro Bonds or some other Bond backed Money from a Super Power like China, Russia, India, or some combination.
 Quoting: King David 16716695



Yeah, until the dollar doesn't buy squat. Who wants american goods and services? Each day it gets fewer and fewer because americans produce fewer and fewer goods.
Anonymous Coward
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05/26/2012 09:51 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
It's a "Global" thing..and yes we are all screwed
GreyMatter

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05/26/2012 09:57 PM
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Re: #2 AND #3 ECONOMIES of the world, making preperations to dump the currency of the largest debtor nation of the world!
The bottom line is this report is full of shit, the USD is Bull Market and so are US Bonds and they will be until we see Euro Bonds or some other Bond backed Money from a Super Power like China, Russia, India, or some combination.
 Quoting: King David 16716695



Yeah, until the dollar doesn't buy squat. Who wants american goods and services? Each day it gets fewer and fewer because americans produce fewer and fewer goods.
 Quoting: Anonymous Coward 16106205

We export militarism, quite profitable.

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