DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - US Dollar ELIMINATED AS WORLD RESERVE CURRENCY!!!

**KlaraNovikoffaZ** · 10-14-2009, 06:39 AM

On a serious note... it's time to scare people into buying houses by creeping the interest rates up.

This 0% crap is killing us. According to the Post, the USD has dropped 10% in value in just 3 months. We're not feeling it here locally but every foreign investor that holds our money is really not happy, and if they unleash their dollars we WILL feel it.

Now on a positive note, if we do nothing and the dollar crashes, China will be forced to release their peg on the yaun. That will spell double-trouble for Wal-Mart and most of China's export economy since they have to let their currency float freely.

That could will also mean US exports will skyrocket and we become the next new foreign tourist destination. "Come and see a 1st world become a 3rd world nation, overnight!"

The Revolution Will NOT be Twittered.

10-14-2009, 06:39 AM	#6
KlaraNovikoffaZ Join Date Oct 2005 Location USA Posts 384 Senior Member	On a serious note... it's time to scare people into buying houses by creeping the interest rates up. This 0% crap is killing us. According to the Post, the USD has dropped 10% in value in just 3 months. We're not feeling it here locally but every foreign investor that holds our money is really not happy, and if they unleash their dollars we WILL feel it. Now on a positive note, if we do nothing and the dollar crashes, China will be forced to release their peg on the yaun. That will spell double-trouble for Wal-Mart and most of China's export economy since they have to let their currency float freely. That could will also mean US exports will skyrocket and we become the next new foreign tourist destination. "Come and see a 1st world become a 3rd world nation, overnight!" The Revolution Will NOT be Twittered.
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