Hello_10
BANNED
- Joined
- Nov 24, 2011
- Messages
- 1,477
- Reaction score
- -2
Why would anybody think of making something collapse rather than help prop it up for longer?
One main thing I forgot to mention last night in my post 210 that, once US$ will collapse, it will bring their all the high tech products/ machines on production lines, making it very cheap to buy for developing world. I remember, country like India used to pay high prices for even used/ old machineries during last 2 decades but if dollar will collapse by even 400%, for example, Indian currency will then be 5 times stronger than US$ to buy those machineries very cheaply. We used to talk during last decade that country like India was much benefitted due to China as when Chinese companies copy western techs, they make them for so low prices that Western companies prefer to forget those techs, then making it very easy for other country like India to copy the same techs. (also Indian companies were much benefitted by those Indian professionals who had experience of working with Western companies and backed to India and then worked with Indian companies and shared their experience with Western companies.)
Once US$ will collapse, China will buy and then copy all the high tech products/ machineries of US for the price of vegetables and then US companies will not mind if country like India, Turkey, South Africa, Brazil etc also copy those high techs. And It all will result in high growth in developing countries with increasing their internal demands. We hope we will see good time soon, may be after just 4-5 years from now