Worthless Money

[MR Redneck]

Soon, Obama's picture will be placed on all of our money because it will become WORTHLESS!!!!
China, Russia quit dollar

 

[Fisherman777]

Yeah, I saw that this morning. God help us all.

 

[Texas1911]

That's a power play by those two.

I don't trust the Russians or Chinese further than I can throw them ... and I got a bad back.

 

[Texan2]

Let's see if anyone follows their lead.
That having been said, this is not a good thing for the U.S.

 

[texas skeeter]

this is not a good thing for the U.S.

you are so damn right on this one!! they see us as a weak target to destroy due to our bad economy and $$ issues as of the last couple of yrs!! so they will try their best to bring us down!! the only problem is, if they were to succeed it would HURT every country!!

 

[SIG_Fiend]

I predict it will only take 2 or 3 more major countries following suit, and then the dollar will quickly go downhill until our economy completely crashes. It is pretty much inevitable at this point IMO. I think the question is more a matter of will it only be 2 or 3 years, or a decade before this happens?

 

[Texan2]

Those with large amounts of cash in the bank when this happens are gonna be screwed.

 

[proforguns]

Silver + Ammo beats the dollar (also kills werewolves)

 

[Texan2]

Silver + Ammo beats the dollar (also kills werewolves)

roger that

 

[zembonez]

A lot will have to happen before such a play is actually made. China is not that stupid. I'm not saying they would not like to see us fail... but China has far too many holdings here in the US and would forfeit way too much of their trade and US debt to them if they push this too far. They are simply making themselves known as a power. The same thing went on just after WWII.

I agree that if nothing changes on US soil over the next few years (debt to China wise and world wide trade deficit wise), we are setting ourselves up for a fall. I just don't think we are quite there yet. We better act quickly though or we are screwed. We also better hope like hell that the Arab world does not follow suit.

 

[Texan2]

American dollars dominance is circling the drain.

 

[robin303]

You don't want to know the story of this or you would really be pissed. It was gone in three days.
View attachment 5815

 

[M. Sage]

You don't want to know the story of this or you would really be pissed. It was gone in three days.
View attachment 5815

I know CIA does that crap.

 

[zembonez]

American dollars dominance is circling the drain.

That does pretty well sum it up. If we don't get to solving some real issues, it is doomed.

 

[Stumpy]

You don't want to know the story of this or you would really be pissed. It was gone in three days.
View attachment 5815

Forgive my ignorance, but... what exactly am I looking at here? I'm using my phone so I can't make out the writing on the packages.

 

[Alamo Ann]

Originally Posted by zembonez

China is not that stupid. I'm not saying they would not like to see us fail... but China has far too many holdings here in the US and would forfeit way too much of their trade and US debt to them if they push this too far.

IMO, It would be far easier for China to just do the MOTHER OF ALL REPOSSESSIONS- denouncing of the USD with the real and present danger of further collapsing our gasping economy and inability to pay toward our debt (not to mention the "coincidental" debut of their stealth technology that surpasses ours after absorbing our debt) seems to be creating an ideal situation for them to issue a past due notice and shall we say, GREATLY increase their "world dominance".
Literally fulfilling the Old Testament Proverb- "The debtor is a slave to the lender."

 

[robin303]

Forgive my ignorance, but... what exactly am I looking at here? I'm using my phone so I can't make out the writing on the packages.

Just millions of dollars going to the wrong hands.

 

[Texasjack]

See! Y'all thought I was crazy by staying broke!! Turns out I don't stand to lose much! Guess I have my wife and my ex- to thank for putting me in such a good position and keeping me there despite my best efforts to get out.

 

[TrailDust]

I have been telling everyone I know to invest overseas. The only way you're going to survive with more than a nickel to your name when hyperinflation and a depression hit a few years from now is if you have your investments overseas and you have income flowing through multiple foreign-based income streams. If this Republican Congress does not get this country fiscally back on track, my prediction is hyperinflation and a depression equal to or great than the Great Depression of the 30s in the 2016 to 2018 time frame. I suggest you prepare.

 

[SC-Texas]

The chinese currency doesn't have an open bond market so it fails automatically as a global currency.

The euro. . . . Now that an even bigger joke than the usd.

I like silver ammo.and night vision.