Impending U.S. Dollar Collapse Should Be Getting Attention, Not China’s Devaluation, Financial Analyst | |
Sir_Kayle User ID: 1295383 United States 08/15/2015 03:46 PM Report Abusive Post Report Copyright Violation | Re: Impending U.S. Dollar Collapse Should Be Getting Attention, Not China’s Devaluation, Financial Analyst KC_Goldshine "Know guns, no crime. No guns, know crime." - Ralph Lauretano "No free man shall ever be debarred the use of arms" - Thomas Jefferson "When injustice becomes law, resistance becomes duty." - Thomas Jefferson "It's easier to fool people than to convince them they have been fooled." - Mark Twain "Those who hammer their guns into plows will plow for those who do not." - Thomas Jefferson "Those who surrender freedom for security will not have, nor do they deserve, either one." - Benjamin Franklin "To learn who rules over you, simply find out who you are not allowed to criticize." - Said to be Voltaire, but really - Unknown |
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Anonymous Coward User ID: 20589235 United States 08/15/2015 04:41 PM Report Abusive Post Report Copyright Violation | Re: Impending U.S. Dollar Collapse Should Be Getting Attention, Not China’s Devaluation, Financial Analyst (there is NOT enough Gold and Silver to store anything but an extremely small percentage of the world's accumulated wealth) WHAT currency are people going to go to when they "FLEE" the Dollar? *The Euro ... which is about to blow apart at the seams? *The Yuan ... which is almost non-existent outside of China and hard to convert into anything physical? *The Yen ... Japan's debt ratio is twice what the US's is? *The Rubble ... Russia's currency in hard to convert into anything physical also? I have it ... people will flee the US Dollar and go into the Zimbabwe Dollar!! Now that is a currency that has been "stable" over time!! And not only that but they can turn on their printing presses such that they could EASILY give everybody TWO Zimbabwe Dollars for every US Dollar!! |
Anonymous Coward User ID: 69950810 United States 08/15/2015 07:22 PM Report Abusive Post Report Copyright Violation | Re: Impending U.S. Dollar Collapse Should Be Getting Attention, Not China’s Devaluation, Financial Analyst The PROBLEM with all of those calling for US Dollar collapse is that for such a collapse to occur the people have to have ANOTHER CURRENCY to put their money into Quoting: Anonymous Coward 20589235 (there is NOT enough Gold and Silver to store anything but an extremely small percentage of the world's accumulated wealth) WHAT currency are people going to go to when they "FLEE" the Dollar? *The Euro ... which is about to blow apart at the seams? *The Yuan ... which is almost non-existent outside of China and hard to convert into anything physical? *The Yen ... Japan's debt ratio is twice what the US's is? *The Rubble ... Russia's currency in hard to convert into anything physical also? I have it ... people will flee the US Dollar and go into the Zimbabwe Dollar!! Now that is a currency that has been "stable" over time!! And not only that but they can turn on their printing presses such that they could EASILY give everybody TWO Zimbabwe Dollars for every US Dollar!! China is converting to "The Rubble". |
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Anonymous Coward User ID: 70151106 Germany 09/01/2015 06:43 AM Report Abusive Post Report Copyright Violation | Re: Impending U.S. Dollar Collapse Should Be Getting Attention, Not China’s Devaluation, Financial Analyst Putin says dump the dollar [link to www.rt.com] |