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Old 02-05-06, 03:44 PM   #73
JSLTIGER
The Old Man
 
Join Date: Jan 2004
Location: Parkland, FL, USA
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Quote:
Originally Posted by Kapitain
Quote:
I will say that it is highly unlikely that we will find the US to be a third world nation in 50 years, where stacks of worthless dollars will be needed to purchase a loaf of bread
NO WRONG STOP!

I NEVER SAID THAT AT ALL PERIOD.

what i said was the value of currency will go down now i dont think that in 50 years america will be 3rd world in fact i dont think that in 300 years america will be 3rd world but the currency wont be as strong.

What all of this boils down to is the question as to whether or not the dollar can maintain its near-universality. The answer, and here I agree with Kapitain, probably not.
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