Aussies to abandon U.S dollar ??????
 

https://www.thetrumpet.com/article/1...-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.

: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

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:

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.

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/politi...404-2h9ui.html

Not that there's a conspiracy going on.:O:

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...?????

Made a lot of speeches?

Built a lot of roads?

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.

Tried to take over the...OMG, Steven Spielberg is Hitler reincarnated! :eek: