The death of a currency.

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ConstitutionCowboy

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bond auction rates are rising. won't be long before russia builds it's pipeline through syria so they can sell their oil reserves. russia is building a second pipeline now through the black sea to europe. john kerry and iran will open up the iranian oil to the world and iran china russia and europe will reset the world reserve currency into a basket of currencies to replace the dollar. then it will be very difficult to sell usa debt overseas. we are the weakest we have ever been right now and the other countries know it. evry time we print a trillion dollars it reduces the purchasing power of our savings and the stock market loves this free cash. it is a recipe for disaster. we are already seeing inflation in everything but the fed has no power to raise rates to check so they just print more. what will happen when the bubble bursts? we havenext to no domestic production at all. hyperinflation? what will we do when the dollar is worthless and no country will sell us goods? shortages? maybe?

What will we do? Spread out. Take up farming and hunting. Become self sufficient. Arm yourself to protect what you have, because there will be gangs of looters. There will be "saviors" looking to enslave you for the good of their "commune". There will be armies bent on conquest(gangs actually, but on a larger scale). The dark ages will be upon us. Record the history you observe, because future generations will be looking in wonder at the creations still standing and will want to know who built such wonders and how civilization took such a dive that the art of building such wonders vanished.

Eh ... Crap happens, the world forgets, civilization starts anew.

Woody

PS: There will be a side show, however; watching all the snowflakes get the vapors ...
 

Aries

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I swear, reading this forum will put you on Prozac. Except you'll be afraid to take Prozac, because doctors and medications kill you.
 

Seadog

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bond auction rates are rising. won't be long before russia builds it's pipeline through syria so they can sell their oil reserves. russia is building a second pipeline now through the black sea to europe. john kerry and iran will open up the iranian oil to the world and iran china russia and europe will reset the world reserve currency into a basket of currencies to replace the dollar. then it will be very difficult to sell usa debt overseas. we are the weakest we have ever been right now and the other countries know it. evry time we print a trillion dollars it reduces the purchasing power of our savings and the stock market loves this free cash. it is a recipe for disaster. we are already seeing inflation in everything but the fed has no power to raise rates to check so they just print more. what will happen when the bubble bursts? we havenext to no domestic production at all. hyperinflation? what will we do when the dollar is worthless and no country will sell us goods? shortages? maybe?
What we are experiencing is what the Russians did in the Cold War. We bankrupted them with the arms race. But in this case the Democrats and some Republicans are bankrupting us. If it is not corrected sinner than later this house of cards is going to collapse.

This is part of the plan the commie Democrats have. Collapse it all to start it all over in their socialist utopia where they are in controls. No more USA. NO more Constitution. Just their progressive socialist BS.
 

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