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#61
09-22-2007, 10:16 PM
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Re: Some scary stuff about the dollar
i'm sort of worried.. what is the worst case scenario for the coming years? what is the best case? should i consider moving to another country? if so, where?
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#62
09-22-2007, 10:21 PM
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Re: Some scary stuff about the dollar
[ QUOTE ]
i'm sort of worried.. what is the worst case scenario for the coming years? what is the best case? should i consider moving to another country? if so, where? [/ QUOTE ] Yes, move to Syria. I'm a bit confused by the mindset that would post something like this. Have you no friends, family, or life that would make vacating the country a simple decision? It's one thing to say, I really like Thailand because hookers are everywhere and fat white dudes are desired by submissive women but this post expresses a complete lack of preference. What worry do you intend to alleviate? J
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#63
09-22-2007, 11:45 PM
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Re: Some scary stuff about the dollar
well i watched the documentary 'mad max' yesterday and i'm worried about the u.s. americans becoming like that.
i am worried that the u.s. economy will crash hard enough to make a serious negative impact on my life. if that is the case it might be worthwhile to look at other options.
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#64
09-23-2007, 09:49 AM
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Re: Some scary stuff about the dollar
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#65
09-23-2007, 04:02 PM
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Re: Some scary stuff about the dollar
awesome. Can't wait.
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#67
09-24-2007, 04:27 AM
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Re: Some scary stuff about the dollar
[ QUOTE ]
[ QUOTE ] I think the two biggest looming disasters are: a) when foreign nations stop seeing us t-bills as the safest place to store their reseves b) when third world countries/drug dealers stop using the US dollar as their currency [/ QUOTE ] The dollar might as well be pesos when this happens. Foreign investors and foreign entities using dollars for transactions are the only thing keeping us afloat. [/ QUOTE ] read today the USA are leaning on China to revalue the yuan and China have threatened to cut its $1.3 trillion USD reserves from the dollar. That'd be a shakeup. I even hear Clinton et al challengers are talking about legislation now that 44% of the US national debt is in foreign hands. Not a great situation for you guys. And gold still has some way to rise, so i'd go for it now but don't expect to become a millionaire.
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#69
09-24-2007, 09:45 AM
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Re: Some scary stuff about the dollar
[ QUOTE ]
[ QUOTE ] [ QUOTE ] I think the two biggest looming disasters are: a) when foreign nations stop seeing us t-bills as the safest place to store their reseves b) when third world countries/drug dealers stop using the US dollar as their currency [/ QUOTE ] The dollar might as well be pesos when this happens. Foreign investors and foreign entities using dollars for transactions are the only thing keeping us afloat. [/ QUOTE ] read today the USA are leaning on China to revalue the yuan and China have threatened to cut its $1.3 trillion USD reserves from the dollar. That'd be a shakeup. I even hear Clinton et al challengers are talking about legislation now that 44% of the US national debt is in foreign hands. Not a great situation for you guys. And gold still has some way to rise, so i'd go for it now but don't expect to become a millionaire. [/ QUOTE ] Do you have the link? I could not find it. I did find this one from April. US wants China to strengthen yuan The dollar is getting crushed, but US policy makers still want China to make a move that would WEAKEN the dollar vs. the yuan.
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#70
09-24-2007, 10:46 AM
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Re: Some scary stuff about the dollar
If I had multi-millions, it'd be real tempting to keep $500k-$1M or so in gold coins locked in a secret vault in my house, just in case of financial apocolypse. As it is though, I only have debt to worry about. My debt actually is worth less if the dollar soars right? Woo hoo.
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