The fate of the world's currencies in the wake of the demise of the dollar. - page 12

 
Vladimir Severin:
Yes, so did the tulip bulbs=) And so will the quid come, nothing lasts forever.
Tulip mania lasted only one year - 1636-37.
 
Vladimir Severin:
Just like the tulip bulbs were getting stronger=) And so will the quid fall, nothing lasts forever.

The gold craze has been going on for hundreds of years

 

"The decadent West" - old news but not new))

In my memory, it's probably been 30 years since the West came to an end.)

 
marker:

The "rotting West" is a new thing.)

It is probably the only time in my memory that the West is coming to an end in 30 years.)

The dollar will end if all U.S. creditors decide to demand payment at one time. The U.S. national debt is growing every year. In fact, what is the dollar secured with? Nothing.

 
Alexandr Saprykin:

The dollar will end if all US creditors decide to demand a settlement all at once. The US national debt is growing every year. That's basically what the dollar is secured by? Nothing.

What creditors? What is national debt?
 
Alexandr Saprykin:

The dollar will end if all US creditors decide to demand a settlement all at once. The US national debt is growing every year. That's basically what the dollar is secured by? Nothing.

The dollar is backed by the American economy, which is the largest economy in the world.

If all the creditors of the US were to go crazy one day and decide to demand a settlement - there would be absolutely nothing to worry about, because:

1. the US foreign debt is denominated in US dollars and simply printing dollars is enough to settle.

2. as of 2013, there was $53k of debt per US resident and annual US GDP per US resident is $52k.

 
Incidentally, US government debt is only 30% external, 70% domestic
 
marker:

The "decadent West" was a thing of the past).

It's probably only been 30 years in my memory that the West is coming to an end))

It did come to an end, but the action dragged on for another thirty years, thanks to the fact that this western crony managed to destroy the socialist camp and to loot the seized territory. But this time, it is fucked not only because it is running out of resources, but also because there are no more resources left on the planet, and European globalizers came to a conclusion that the best way to solve the problem is to get rid of the unprofitable European population through a European Caliphate and then repopulate Europe with more economically expedient Indians.And the states are also condemned to destruction by the globalisers for the same reason, but to an even greater extent. But the American globalisers, like Hitler once did, are off their leash and hatching a plan to liquidate most of the population of the planet, like the Indians once did, to get sole control of the resources of the entire planet.

There are global trends and global tendencies, and they are such that Europeans and Americans are rapidly degenerating, and the population of underdeveloped countries is becoming aggressive, strong and it is growing in quantity. And sooner or later it will take over the world!

 
Дмитрий:

The dollar is backed by the American economy, which is the largest economy in the world.

If all US creditors were to go insane and decide to demand a settlement, there would be absolutely nothing to worry about, because:

1. the US foreign debt is denominated in US dollars and simply printing dollars is enough to settle.

2. as of 2013, there was $53k in debt per US resident and annual US GDP per US resident is $52k.

Again not enough: 53k-52k yes multiplied by 319 million(US population) =319 billion quid not enough to pay off the national debt.

 
Nikolay Kositsin:

There are global trends and global trends, and they are such that Europeans and Americans are rapidly degenerating and the populations of underdeveloped countries are becoming aggressive, strong and growing in numbers. And sooner or later it will take over the world!

China will take over the world. It is not for nothing that they are multiplying and they have lifted the limit on the number of children.