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Old 11-05-2007, 01:32 PM  
tblake
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Join Date: Sep 2007
Location: Los Angeles
Posts: 157
Grey Wolf- The US Dollar isn't the reserve currency of the world? WTF? Can you please justify. From what I last read, something like 70% of the world's central banks use US Dollars to prevent runs on their currency. So USD are the reserve currency of the world. I would furthermore state that this is because you always want a good exchange ratio to USD because you have to buy oil as a country and that is denominated in dollars.

I think the US Empire will collapse sooner or later, it is a matter of how. I give two scenarios.

One- we pull out of Iraq, and most other parts of the world and stop fucking around in other peoples business and focus on our own economy. We elect Ron Paul. We hope that Googles and Microsofts and other amazing American innovative companies keep our economy strong. It would be tough though because as soon as we pull out of Iraq and the middle east, oil gets demoninated in Euros, Yen and whatnot and we loose this amazing ability to tax the world through Oil for dollars enforcement. The USD collapses and the empire crumbles. Although people kind of like us because we don't fuck around in other countries anymore.

Two- More war. Larger bases in Iraq. We take over Iran via airstrikes and we put in a regime that is US friendly, AKA one that sells oil for dollars and does business with American oil companies. We rattle sabers at any other OPEC nations that think about challenging the US oil supremacy by pointing to large airbases in Iraq and our willingness to bomb any nation that doesn't sell its oil for dollars. We bomb a couple more countries for good measure. The empire collapses when we cannot support such massive military spending anymore.

The end.

As a side note, someone pointed out to me this weekend that the US right now in history has perhaps the largest military advantage over the world that the world has ever seen. So should we use that to maintain the Empire? Or dismantle it?
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