I wish to send my congrats to this country for those things that other countries could only imagine. From launching a missle off the coast of California, to placing your flag on Constitution Avenue. Now, I must nod my head to their latest kick in the pants. Lang Lang earlier this month played his piano in the white house. Which song? Well.....it was My Motherland, or Big River (条大河). If this song is based on what I am reading it to be (and he was referring to the current theme of the song as per the movie and who is referred to) then again, I applaud the balls it takes to play such a song in the heart of America. I guess the writting is on the wall now for my friends to the south. Your new 'owners' are there to stay.
Last edited by Melek~Taus; 01-24-2011 at 04:48 PM.
If this happens, I again warn Americans to look to Britain(the sterling) to see your future...from their past. If/when the American dollar loses its world currency status, the price for gas, and food and other 'necessities' will skyrocket beyond your reach. Your lives will practically grind to a halt. Unless of course whoever is running your country has an ace up their pocket. The above link, added with the meeting of superpowers (less USA) should start making people in the US think of their futures. If they don't and this new world currency does occur, you guys and gals will be in for a big change, and not for your own good.
the article states, pretty clearly, that since the dollar is vulnerable to swings in the domestic economy and changes in U.S. policy that loans to IMF nations should be made with SDR's so that the borrower isn't tied in to whatever the days conversion rate from USD to whatever currency they require. It also states that the dollar is low now but gaining, "The market is shedding risk, with equities and commodities weakening and the U.S. dollar broadly stronger" and "the dollar was higher Thursday against the euro, pound and yen "
"War is young men killing other young men they do not know on the orders of old men who know one another too well."
It's the bigger longterm picture that I am watching. The Federal Reserve is borrowing 100billion a month to pay off a debt the country simply cannot nor will never be able to pay off. Inflation occurs when a country prints money it cannot account for (notice more cash for gold lately?). The Chinese, Russians, French, Japanese among others held a meeting (without the US) to discuss changing the World Currency from the US dollar to another dollar. The US government is constantly talking about the world economy, and order. I mean, all you have to do is look for the title world currency change, and you can see it on a number of websites (including those that would be accepted as 'authentic'), eg. msnbc.
The logic you give is like gas prices up here (Canada). They go up and down all the time. I don't know how many times people claim that the price is stable. Yet when you look at the long term, you see a nice steady climb in price proving that gas is always on the rise, despite what news shows claim. The dollar is much the same. The only reason it gains is because the US is the controller of the world currency. However!!!! The chinese are the largest owner of US currency, and as such have a huge hand in the future of the currency. Notice they are doing a lot of spearheading. In fact, China is so worried about the US currency it is selling it off in record pace. Not even the largest bank in Mexico accepts the US currency as it once did. Worldwide the currency is being shuned by countries. Do searches such as "US currency not accepted", or "China wants new world currency" to see what I mean. The empire of America is on at a schism. They either push through and end the fed, and corporate/banker america, or they fall like Britain did a few decades ago. It's not conspiracy btw, it's simple logic.
Go look around and see. The US dollar is not based on gold anymore, the reserves are not nearly enough to support it. Ever wonder why they will never audit the federal reserve? If that happened the dollar would inflate to $10,000 for a loaf of bread, like other countries. The above are facts based on what is currently happening. While the dollar may somehow stay the world currency, trends are showing the opposite. The US is in how many wars it cannot afford? The country is on the verge boys and girls, history will show this, and only the people of said country can stop it. They truely need to rid themselves of the private corporation the federal reserve, and take back what so many died for when they separated from Britain, the banks.
Show me I'm wrong. Show me that the dollar is not in peril as every economist outside(for the most part) says. I do remember saying, to find out about your country you need to see what others are saying. In this case, even the US itself is seeing the writing on the wall.
Oh, and twitter sucks! I'd never get on that bandwagon.
Last edited by Melek~Taus; 02-12-2011 at 10:18 PM.