View Full Version : Aussies to abandon U.S dollar ??????
https://www.thetrumpet.com/article/10520.19.0.0/economy/australia-to-abandon-the-us-dollar even rats know when to get off a sinking ship,,, so when were we going to learn about this, after they take away our rights, it's fixin to get bad. I'd be on the phone with your representitives,,and be file-ing for an extentsion on your taxes..Me, I'm going to find a nice spot and watch.
Herr-Berbunch
04-13-13, 01:21 PM
:hmmm:
And?
Sheesh, you responded, now so will others!
Yubba, you read the bible the devils way
Take off your conpsiracy-glasses and read the article once again there's nothing Ant-American-Dollar-conspiracy in this.
Markus
Sheesh, you responded, now so will others!
I know, I know...I really should stop...but sometimes I just can't help myself... :wah:
I know, I know...I really should stop...but sometimes I just can't help myself... :wah:
You, should really see a doctor about that,, hold on a sec,,,,Yes how can I help you..:woot:
AndyJWest
04-13-13, 02:01 PM
Given the strength and stability of the Yuan, there is no logical reason why an Australian business should trade with a Chinese one in U.S. dollars. It looks like common sense to me.
Ducimus
04-13-13, 03:42 PM
Given the strength and stability of the Yuan, there is no logical reason why an Australian business should trade with a Chinese one in U.S. dollars. It looks like common sense to me.
Personally, i think due to the way our government is handling itself, it's only a matter of time before the US dollar is no longer the worlds currency, and it would be no big surprise if everyone starts using the Yuan. China is (i think) the worlds largest producer of consumer goods. They are the next leading super power in the making - that too, being only a matter of time. The sad thing is, we gave it to them.
Jimbuna
04-13-13, 04:18 PM
Personally, i think due to the way our government is handling itself, it's only a matter of time before the US dollar is no longer the worlds currency, and it would be no big surprise if everyone starts using the Yuan. China is (i think) the worlds largest producer of consumer goods. They are the next leading super power in the making - that too, being only a matter of time. The sad thing is, we gave it to them.
Once again I have a tendancy to agree with you.
It gets much worse Yubba. We are also looking for closer military ties with China, with the blessing of the US: http://www.smh.com.au/opinion/political-news/pm-on-military-cooperation-mission-20130404-2h9ui.html
Not that there's a conspiracy going on.:O:
Yubba, you read the bible the devils way
Take off your conpsiracy-glasses and read the article once again there's nothing Ant-American-Dollar-conspiracy in this.
Markus
Even I know our money is worthless, and the Aussies figured it out too,,our free lunch is over,, as being the worlds reserve currency,,16 trillion in debt. I don't recall saying any thing about an anti american dollar conspiracy ,, the conspiracy is why are you hearing this from me....You think the network news is going to say anything about this and how will the market react. All this smoke and mirrors,,, weeks and months of booo hooo those evil guns,, not one word, on how to improve our economy and reduce the debt,, we are sitting on billions of barrels of oil which will be stolen right out from under our feet. What do you think Hitler did back in the late 30s...?????
What do you think Hitler did back in the late 30s...?????
Made a lot of speeches?
Made a lot of speeches?
Built a lot of roads?
Skybird
04-13-13, 06:44 PM
Its a relevant economic news, so the mocking is not justified. The Aussies are a bit late, though, other nations since longer time have moved to reduce the importance of US dollars in trading, and to reduce their reserves they hold in US dollars. BRISC, obviously.
It illustrates a loss in trust in the stability and trustworthiness of the dollar and Washington's flooding of the market with more and more increasingly cheap paper money and ever-increasing debts. They want to reduce their vulnerability to the con sequences of a fiscal meltdown in the US (and the EU as well: nations also reduce the amount of reserves they hold in Euro. The new currency of interest are that of the BRISC states).
A loss in importance of the dollar also translates into a loss of influence of the US in the regions where the dollar has lost meaning. And if OPEC for example would indeed stop to make oil deals in dollar, this indeed would hurt US finances tremendously, possibly causing a major crisis.
What they try to do is getting away from the rolling snowball.
There are far more effective and hurting ways to fight against the USA (if your are hostile to them) than military wars. Cyberwar, and especially the currency. Or rejecting the flood of US bonds.
Sailor Steve
04-13-13, 06:45 PM
Built a lot of roads?
Tried to take over the...OMG, Steven Spielberg is Hitler reincarnated! :eek:
mookiemookie
04-13-13, 06:49 PM
Even I know our money is worthless
Really? Send me all of yours then. No? Maybe it's not that worthless after all.
Really? Send me all of yours then. No? Maybe it's not that worthless after all.
I'd love to, but I think I can buy a few more toys, and convert some over to silver and a bit of gold and bury it in the back yard it would do better than the bank,, would you kindly refresh my memory what happened in Cyprus..
Made a lot of speeches?
And Obama isn't ??????
Built a lot of roads?
ha ha I guess those shovel ready jobs,, weren't quite as shovel ready as we thought he he. If you can tell me who said that I'll give you a cookie, I'll give you a hint he also said, "You didn't build that"
Tried to take over the...OMG, Steven Spielberg is Hitler reincarnated! :eek:
I'd love to be there just too see the look on your face, as you watch your neighbors club themselves to death over a cough drop,, and they happen to see you peering out the window, "say I wonder what Steve's got"...well I'm out the clock is ticking,,...
https://sphotos-a.xx.fbcdn.net/hphotos-ash3/s480x480/549034_4026202673550_562121391_n.jpg (https://www.facebook.com/photo.php?fbid=4026202673550&set=a.1719780254431.69978.1836031217&type=1&ref=nf)
Bummer
Now that the economy is going to tank, I'll never get a chance to play the winner.
And Obama isn't ??????
Hello. He's a politician so I expect nothing less. Haven't seen him sign an order requiring restrictions on the Jews yet though, so there are some differences.:O:
Sailor Steve
04-14-13, 08:59 AM
I'd love to be there just too see the look on your face, as you watch your neighbors club themselves to death over a cough drop,, and they happen to see you peering out the window, "say I wonder what Steve's got"...well I'm out the clock is ticking,,...
I'll have the same look on my face that I have when shooting any intruder.
And if it never happens? Will you even notice?
I'd love to be there just too see the look on your face, as you watch your neighbors club themselves to death over a cough drop,, and they happen to see you peering out the window, "say I wonder what Steve's got"...well I'm out the clock is ticking,,...
Yeah about that, the problem is that currencies have collapsed before, and what you describe isnt usually the most common example of the true outcome.
Sure,As it stands right now, the US dollar is on course for its demise, (given the spiralling debt and Ben Benanke's shenanegans), but the U.S is not alone there, most of the worlds fiat currencies are seeing a devaluation at present and most western countries have a sizable soveriegn debt that they will probably never pay back in full.
If the dollar / debt machine implodes, I would expect some short term chaos followed by some longer term hardship, but its unlikely to be the forseable end of civilisation and food production/distribution, thats a very melodramatic and unrealistic prediction. In practice most people tend to try to cling on to what ever sense of normality and security they can in a time of crisis -rather than just go all out crazy and start murdering for cough drops.
All these 'end of the world when the currency tanks' thories is do is take in to account the minority who may turn into aggressors, they dont take in to account the vast majority who will not, (even if they are hungry) People can, do and will continue to function without money, and it doesn't make them hostile by default.
Even without the Dolllar, the U.S is still a rather wealthy nation in terms of its infastucture, resources and assets, things that cannot be wiped out by a failed monetary system. By the way, since most money is electronic nowadays, you know they can roll out a new currency in a couple of days... right?
I some what agree with your gloomy dollar/debt/fiat currency predictions Yubba, but if you expecting a zombie apolcalypes over it, i think you are going to be very dissapointed.
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