And just like that American world leadership ends with a whimper

China will continue to be able to change the market as long as the world buys its crap.
China isn't alone.....

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~S~
 
Trump did the fucking, pal. and the world is thankful that he is no longer. Trump set the Afghan thing up by not including the Afghan government in the negotiations, and the French are aware of that.
The Afghan army disbanded, leaving a huge mess for the President to deal with.
China, Russia, Iran, Sinaloa Cartel, human traffickers and the democrat Party are glad Trump is no longer President
 
Funny how debt was not an issue from 2017-2021.
sure it was. Whoever said anything that it wasn't? Trump should never have signed the budget deals the way they came to him. I didn't approve. I've said so before in here.
 
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I don’t think that would have made much of a difference. Forty years of wars and imperial overreach have left the US with few true friends and worthless money.
He was getting the countries that owed us money our money!!!! They didn't like that, at all.
 
It never has been, when you are the one who is the king of the hill you have others trying to push you off of it.
The irony of Goldman Sachs starting BRIC , followed by this restrict act watching what we say to the Chinese is rather defining of your point Moon dude.....~S~
 
China, France companies complete first cross-border Yuan settlement of LNG trade - Daily Times

Our long standing Ally, France, first realized they could no longer trust America under Biden and the democrat Party after they changed USA into Unconditional Surrender of Afghanistan.

Now to turn the knife, they have agreed to settled their LNG trade not in US dollars, but in Chinese Yuan.

China has been dumping US Treasuries and using the proceeds to buy gold

Russia will set up a gold exchange to compete against the absolutely, completely corrupt LBMA, the Ukraine of commodity exchanges. They have actively suppressed the value of precious metals for decades.

This will end with blood in the streets in the USA, not today, and not tomorrow. But when people realize how completely our corrupt government fucked us - the kindling pile will ignite
The people in government continue to do business as usual even as they know it! At the peasant level, the power elite there keep screwing with their own to exasperate problems.
 
I've a poor understanding of how global fiats are created , or fail for that matter
Isn't there a central point, world bank that dictates a benchmark?
How are rare earths able to factor in, when in finite quantities?
Where does this whole digital dollar fit in?

~S~
The USA was that de facto central bank. Everyone needed our dollars to do business.

Little taught history, the American colonies flourished when each State had their own currency and traded with each other. In order to pay for their war against the French, the Brits needed British pounds. The Currency and subsequent Acts were the Brits way or controlling the Colonies. We learned from the Masters. We imposed the same laws on the planet. And not the planet is fighting back
 
The people in government continue to do business as usual even as they know it! At the peasant level, the power elite there keep screwing with their own to exasperate problems.
don't pretend any politician actually cares about the people.
 
don't pretend any politician actually cares about the people.
We always talk about what the founding fathers believed. They though that federal politicians would do several years and then go home to life's work. It did not end up that way. A huge mistake. And a constitution that outside forces could corrupt to get their agendas into. The same people who infected it now have people that benefitted from it, hating it.
 
We always talk about what the founding fathers believed. They though that federal politicians would do several years and then go home to life's work. It did not end up that way. A huge mistake. And a constitution that outside forces could corrupt to get their agendas into. The same people who infected it now have people that benefitted from it, hating it.
term limits is the only cure.
 

China’s Currency Weakens in a Potential Challenge to Trump​


China’s currency weakened past the psychologically important point of 7 to the American dollar for the first time in more than a decade, a move that reflects the growing severity of the trade war with the United States and that could indicate Beijing’s growing desire to find ways to retaliate against President Trump.

The renminbi traded in mainland China on Monday morning at roughly 7.02 to the dollar, compared with about 6.88 late on Friday. A higher number represents a weaker currency. The last time China’s currency was weaker than 7 to the dollar was in 2008, as the financial crisis mounted.
 

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