The US dollar will be easy to collapse

[lem34]

the marginal productivity of US research is decreasing rapidly.

most of its new science and technology is in low output biological applications, and in most other applications it is sitting on piles of patents and using innovation, legal not technical innovation that is, to suppress others.

I accept this article is not nec the best article for exposing US dollar weakness. But I thought it interesting that a western journalist admitting the truth when he said

The US dollar will be easy to collapse: all that is needed is for the mainstream media to yell, “The dollar is hyper-inflated!!” and the Naked Emperor Dollar will fall swiftly.

It was good to hear a western journo admitting the truth

---------- Post added at 08:07 PM ---------- Previous post was at 08:06 PM ----------

15+ Trillion debt means nothing to you? How about 30 Trillion debt next twenty years?

I think you are being conservative they will hit 30 trill in next 10 years if they are allowed

 

[below_freezing]

I accept this article is not nec the best article for exposing US dollar weakness. But I thought it interesting that a western journalist admitting the truth when he said

The US dollar will be easy to collapse: all that is needed is for the mainstream media to yell, “The dollar is hyper-inflated!!” and the Naked Emperor Dollar will fall swiftly.

It was good to hear a western journo admitting the truth

---------- Post added at 08:07 PM ---------- Previous post was at 08:06 PM ----------



I think you are being conservative they will hit 30 trill in next 10 years if they are allowed

the US is actually lying through the teeth by calling social security a liability, but not a debt, when a liability IS a essentially a debt.

their total liabilities run over 50 trillion.

 

[lem34]

the US is actually lying through the teeth by calling social security a liability, but not a debt, when a liability IS a essentially a debt.

their total liabilities run over 50 trillion.

But thats their way of life lies lies lies

 

[gambit]

the marginal productivity of US research is decreasing rapidly.

most of its new science and technology is in low output biological applications, and in most other applications it is sitting on piles of patents and using innovation, legal not technical innovation that is, to suppress others.

Give US a rest from your tripe. Yours and that other guy's nonsense got boring a long time ago. China's economy is assisted by intellectual theft, currency manipulation, exploitation of low wage workers and largely ignorant ones at that because by accepted metrics American productivity outclass Chinese per worker and I showed everyone that a long time ago.

 

[lem34]

Give US a rest from your tripe. Yours and that other guy's nonsense got boring a long time ago. China's economy is assisted by intellectual theft, currency manipulation, exploitation of low wage workers and largely ignorant ones at that because by accepted metrics American productivity outclass Chinese per worker and I showed everyone that a long time ago.

Gambut I love it when you get rough-the man-btw you are off topic as usual. I kniw that attack is thee best form of defence as they say, but on this forum you are supposed to follow rules. As an american you may well have been taught or brought up to not follow norm and rules but anyway we digress I shouldnt fall for your tricj to derail the topic.

which is that the US dollar will be easy to collapse when western journalists start paying attention to facts

 

[gambit]

Gambut I love it when you get rough-the man-btw you are off topic as usual. I kniw that attack is thee best form of defence as they say, but on this forum you are supposed to follow rules. As an american you may well have been taught or brought up to not follow norm and rules but anyway we digress I shouldnt fall for your tricj to derail the topic.

which is that the US dollar will be easy to collapse when western journalists start paying attention to facts

ANY currency can be quite easily collapse IF there is a common collective will to do it. First of all, NO ONE forced anyone to place any value on the dollar. This is where your ignorance revealed itself. People anywhere can rate the dollar anyhow they want and if enough of them believe the dollar is stronger than their own currency, they do it very rational reasons. The more of them believed so, the stronger the dollar becomes, at least in their perceptions. So try to get a clue. If we go down, so will you and China.

 

[lem34]

ANY currency can be quite easily collapse IF there is a common collective will to do it. First of all, NO ONE forced anyone to place any value on the dollar. This is where your ignorance revealed itself. People anywhere can rate the dollar anyhow they want and if enough of them believe the dollar is stronger than their own currency, they do it very rational reasons. The more of them believed so, the stronger the dollar becomes, at least in their perceptions. So try to get a clue. If we go down, so will you and China.

mate you are gonna have a heart attack relax its just a chat. if the dollar goes down I am sure there will be enough for you to eat. anyways some americans I hear could do with a healthier lifestyle. Back to topic so you accept the emperor has no clothes concept. Oh btw if we are all going to suffer I would like to remind you that some have allready been suffering as a result of americans introducing their way of life in the last 10 years

 

[gambit]

mate you are gonna have a heart attack relax its just a chat. if the dollar goes down I am sure there will be enough for you to eat. anyways some americans I hear could do with a healthier lifestyle. Back to topic so you accept the emperor has no clothes concept. Oh btw if we are all going to suffer I would like to remind you that some have allready been suffering as a result of americans introducing their way of life in the last 10 years

Now who is going off topic here......Address the questions: WHO is forcing anyone to value the dollar at so-and-so? Why does the British pound have a higher value, same as many other currency? How can you convince lesser economies to abandon the dollar as a secure haven? In order to replace the dollar, who IS the comparable? Not 'can be' or 'possibly' but 'is', in other words, that alternative MUST be as economically as strong as the US, not including military and politics.

 

[below_freezing]

ANY currency can be quite easily collapse IF there is a common collective will to do it. First of all, NO ONE forced anyone to place any value on the dollar. This is where your ignorance revealed itself. People anywhere can rate the dollar anyhow they want and if enough of them believe the dollar is stronger than their own currency, they do it very rational reasons. The more of them believed so, the stronger the dollar becomes, at least in their perceptions. So try to get a clue. If we go down, so will you and China.

that's funny, its like saying "if i shoot myself in the foot, because some of my money goes to your savings account, you will be crippled!" if the USD goes down, China loses part of the savings, but you lose your entire economy.

and yes, you did force others to place value on the dollar, because that's the only thing oil can be bought in except for Iran and Russia, and 2 countries you destroyed and gave to the terrorists - Libya and Iraq. This is done by the US military occupation in Kuwait, Saudi Arabia, Qatar and the UAE, the biggest oil exporters, and US influence over Latin American and African oil exporters through both military threat and economic destabilization.

 

[gambit]

and yes, you did force others to place value on the dollar,

How and when?

 

[below_freezing]

How and when?

already explained. but for details:

Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse | Energy Bulletin

 

[lem34]

already explained. but for details:

Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse | Energy Bulletin

welcome back my freind BF i missed you lol

 

[VCheng]

The sky is falling! The sky is falling! NOT.

I am happy to report that the dollar is still alive and well, and kicking the rear ends of all other currencies today.

Over and out!

 

[Sinnerman108]

To expand on Gambit's point.

The reason dollar is what it is, is because Americans have been inventors, producers, entrepreneurs MORE than any one else in the world.
For those reasons every one has had to trade with America.
Thus they needed a singular medium, which came out to be the dollar.

Now sure Americans have not been too utterly wise with their trade and been running after someone else's agenda too much.
Thus these days the reasons why their currency was superb are diminishing.

the amount of intellectual capital that they still have, can ensure stability henceforth when they realize what went wrong.

Unfortunately for now, they are trying to hammer a square peg in a hole, courtesy the Marine Corps.

 

[VCheng]

To expand on Gambit's point.

The reason dollar is what it is, is because Americans have been inventors, producers, entrepreneurs MORE than any one else in the world.
For those reasons every one has had to trade with America.
Thus they needed a singular medium, which came out to be the dollar.

Now sure Americans have not been too utterly wise with their trade and been running after someone else's agenda too much.
Thus these days the reasons why their currency was superb are diminishing.

the amount of intellectual capital that they still have, can ensure stability henceforth when they realize what went wrong.

Unfortunately for now, they are trying to hammer a square peg in a hole, courtesy the Marine Corps.

These trends are cyclic; USA will fix these issues well in time, I am sure.