^ Wow! You actually posted more than a one liner.
^ Wow! You actually posted more than a one liner.
This forum is fekked as far as posting youtube video, but I strongly suggest that you watch this video...
If you watched the Ryder cup last week you could see the initial euphoria evapourate like fog up a pump handle, as their self condidence disappeared with it.
A near perfect analogy for the decline.
And the more noise the less solid the case, I always find.
When your currency is basically worthless, and your banking and financial system basically insolvent, you need to bully/cajole the rest of the world to accept your currency as the major medium of exchange, and to punish the absconders severely (think Saddam & Putin). This requires an inordinately large military, which requires huge expenditure, which renders the currency even more worthless.
The largest manufacturing capacity left in the USA, by far, is Aerospace and Defence.
If you've got any of those worthless dollars laying around, cluttering your place up, send them down to me. Don't want you to feel bullied or anything. Happy to take them off your hands.Originally Posted by sabang
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As long as we all believe the Lie, I'll hang on to them thanks.![]()
There's been a lot of rumbling lately about moving away from the USD as a rate to tie other currencies in. I am not comfortable keeping a lot of money tied up in USD.
and we discussing what here?$?
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Just out of interest how do Americans feel about the Chinese buying great American assets.
See the Chinese have just bought the world renowned Waldorf hotel recently.
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