This could be the beginning of the end for the U.S.

natstew

Gold Member
Dec 21, 2010
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When the mighty dollar is bumped from being the World's standard of payment, we are doomed.

CIA Advisor Chinese Plot to Replace U.S. Dollar

"Should China's plan to position the Yuan as a world reserve currency serve as a warning sign that something much more dangerous is approaching?

According to Jim Rickards, the CIA's Asymmetric Warfare Advisor, the answer is yes.

In a startling interview he reveals that all 16 U.S. Intelligence Agencies have begun to prepare for World War III.

Making matters worse, his colleagues believe it could begin within the next 6 months.

However, the ground zero location for this global conflict is what makes his interview a must-see for every American.

Take a few moments to watch it below and decide for yourself".
 
Dollar's value is based on positive thoughts and pixie dust. Replacing the global standard to ANYTHING based on actual physical objects like gold would be preferable.
 
The problem with the dollar as a standard for global currency is because it's value isn't indexed to anything real there's no limit to how much can be printed and put into circulation. Might as well make Harry Potter books the standard.
 
When the mighty dollar is bumped from being the World's standard of payment, we are doomed.

CIA Advisor Chinese Plot to Replace U.S. Dollar

"Should China's plan to position the Yuan as a world reserve currency serve as a warning sign that something much more dangerous is approaching?

According to Jim Rickards, the CIA's Asymmetric Warfare Advisor, the answer is yes.

In a startling interview he reveals that all 16 U.S. Intelligence Agencies have begun to prepare for World War III.

Making matters worse, his colleagues believe it could begin within the next 6 months.

However, the ground zero location for this global conflict is what makes his interview a must-see for every American.

Take a few moments to watch it below and decide for yourself".

"Should China's plan to position the Yuan as a world reserve currency serve as a warning sign that something much more dangerous is approaching?


The Chinese don't buy enough stuff from the rest of the world.
The supply of Yuan outside of China isn't large enough for them to be the reserve currency.
 
If the dollar is allowed to fall in value when our account balances suck, which is always, that might encourage some production to move here and discourage imports.

If China starts losing market share, because their currency inflates, that would be to the good also.
 
and your Progressive/Democrat/commie party is all for this and in fact is HELPING it along.

If you don't see how they are have been bowing down to every communist country out there. then you don't want to see anything. bury you heads
 
When the mighty dollar is bumped from being the World's standard of payment, we are doomed.

CIA Advisor Chinese Plot to Replace U.S. Dollar

"Should China's plan to position the Yuan as a world reserve currency serve as a warning sign that something much more dangerous is approaching?

According to Jim Rickards, the CIA's Asymmetric Warfare Advisor, the answer is yes.

In a startling interview he reveals that all 16 U.S. Intelligence Agencies have begun to prepare for World War III.

Making matters worse, his colleagues believe it could begin within the next 6 months.

However, the ground zero location for this global conflict is what makes his interview a must-see for every American.

Take a few moments to watch it below and decide for yourself".
Worst case scenario. 100million americans who sit on their asses every day will have to get up off their lounge chairs and get some work done to "earn" their keep.
 
Nat is failing to tell the board that China is one of our biggest, if not biggest, creditors. Why would China want to take itself down with the US?
 

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