Quote:
Originally Posted by buzzard
Oil and commerce is no longer paid for by the global standard dollar in an increasing amount of countries.
The deals are with the Chinese and in their denominations ...by design.
The dollar is already dead.
It will take 6 to 8 months from now until the dollar will come back worthless.
It just takes a while for worthless printed federal reserve "notes" to come back... 6 to 8 months  |
Yes. Reading the thread about unemployment rates and seeing all those who think more drilling in the US will solve the problem showed how some are grasping for a magic solution. The problem started with the exporting of wealth to the Third World, bright move that was. Didn't they realise it was already costing the West jobs by factories opening up with cheap sweat labour?
With the West as a consumer China has gone from hardly being able to feed itself to a country that has the second largest economy in the world. It will be #1 soon.
Minte's largest order for his oil filter system came from Vietnam.
Yet some think cutting benefits will fix everything.
