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  1. Already have.

    That probably never even entered his brain. I don't even know why I said it.

    But that "Piss off" did make me laugh for a good while.
  3. Wont matter if the US goes bankrupt in the next years. He needs to reduce the debts. In these times we all depend on China to keep us alive. The day China drops their dollars is the end of the world as we know it.
  4. Originally posted by Risto:Wont matter if the US goes bankrupt in the next years. He needs to reduce the debts. In these times we all depend on China to keep us alive. The day China drops their dollars is the end of the world as we know it.


    Nah FED will just print out more dollars and everything will be fine. Having some reserve toilet paper is always going to be useful.
  5. Originally posted by yuri31:[..]

    Nah FED will just print out more dollars and everything will be fine. Having some reserve toilet paper is always going to be useful.


    But they can't erase their debt to other countries.

  6. Originally posted by yuri31:[..]

    Nah FED will just print out more dollars and everything will be fine. Having some reserve toilet paper is always going to be useful.


    No. China has billions of dollars in warehouses. If they throw those on the market the dollar will be worth less than toilet paper. Printing even more dollars has no use at all then.
  7. Originally posted by Risto:[..]

    No. China has billions of dollars in warehouses. If they throw those on the market the dollar will be worth less than toilet paper. Printing even more dollars has no use at all then.


    very true, during WWII Germany printed out heaps of money and it became worthless, in one of my history classes we got showed a pic of a young girl standing in the street next to a pile of money nearly as high as her.
  8. Zimbabwe is a more recent example:

  10. Originally posted by Andrew_C:very true, during WWII Germany printed out heaps of money and it became worthless, in one of my history classes we got showed a pic of a young girl standing in the street next to a pile of money nearly as high as her.
    We've all seen that pic a thousand times, one of the most famous photos ever I'd dare to say.

    I'm not (excesively) worried by the possibility of the dollar/occidental currencies becoming worthless, because I don't think China would ever do that by surprise. I mean, there are many more conversations between governments than we are aware of, and they have many more deals that we know, so... I don't think China would ever fuck the USA, because they would fuck themselves too (that would be the collateral consecquence of screwing up the occidental economies).


    PS. Great video, Cal.


  11. Hahaha, something like that we had somwhere around the end of Yugoslavia. Inflation was that strong that you would come to a shop and wanted to buy...I don't know, pack of eggs for let's say...100 dinars. By the you'd come to salesman, eggs would already cost 110 dinars. Insane situation.




  12. Originally posted by LikeASong:[..]We've all seen that pic a thousand times, one of the most famous photos ever I'd dare to say.

    I'm not (excesively) worried by the possibility of the dollar/occidental currencies becoming worthless, because I don't think China would ever do that by surprise. I mean, there are many more conversations between governments than we are aware of, and they have many more deals that we know, so... I don't think China would ever fuck the USA, because they would fuck themselves too (that would be the collateral consecquence of screwing up the occidental economies).


    PS. Great video, Cal.


    Of course China wont do that, but that is why Iraq was bombed while China wont be attacked.
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