Brazil, Russia, India, China, and South Africa (Google the term "BRICS" for more info).Anti-American wrote:Know which countries?Maverick wrote:+1The_Adventurer wrote:The fact that many countries are distancing themselves from the dollar shows that they see a way that the collapse will not be worldwide. Maybe those expats on pensions will suffer, but those doing business elsewhere and in other currencies can still flourish.
Various countries are actually coming up with currencies to fight against the dollar.
Also, the emergence of cryptocurrencies, such as bitcoin, is an interesting phenomenon, which may ultimately fasten the collapse of the dollar, but also may also spare the world of a complete economic collapse. Of course, it would have to catch on in epic proportions, which may or may not happen.
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Interesting.SilverEnergy wrote:China is in very bad shape at the moment.Taco wrote:BRICS Nations - Brazil, Russia, India, China, South AfricaAnti-American wrote:Know which countries?Maverick wrote:+1The_Adventurer wrote:The fact that many countries are distancing themselves from the dollar shows that they see a way that the collapse will not be worldwide. Maybe those expats on pensions will suffer, but those doing business elsewhere and in other currencies can still flourish.
Various countries are actually coming up with currencies to fight against the dollar.
Also, the emergence of cryptocurrencies, such as bitcoin, is an interesting phenomenon, which may ultimately fasten the collapse of the dollar, but also may also spare the world of a complete economic collapse. Of course, it would have to catch on in epic proportions, which may or may not happen.
These countries are also making their own internet too.
How so?
I was under the impression that China was an up-and-coming economy.
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China is the fastest growing economy in the world but it still suffers from inflation.Maverick wrote:Interesting.SilverEnergy wrote:China is in very bad shape at the moment.Taco wrote:BRICS Nations - Brazil, Russia, India, China, South AfricaAnti-American wrote:Know which countries?Maverick wrote: +1
Various countries are actually coming up with currencies to fight against the dollar.
Also, the emergence of cryptocurrencies, such as bitcoin, is an interesting phenomenon, which may ultimately fasten the collapse of the dollar, but also may also spare the world of a complete economic collapse. Of course, it would have to catch on in epic proportions, which may or may not happen.
These countries are also making their own internet too.
How so?
I was under the impression that China was an up-and-coming economy.
Consumer inflation reached a high in November in which food prices soared.
There is no escape from inflation no matter where you live but there are countries more stable than the United States.
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Probably at some point, but not before a war or two trying to prevent it. Of course that won't be the stated reason for the war, but .....The_Adventurer wrote:WHat will more than likely happen is the dollar will lose it's place as the world's reserve currency.
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