Save Yourself While You Still Can

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Maverick
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Posts: 592
Joined: May 18th, 2013, 3:46 pm

Post by Maverick »

Anti-American wrote:
Maverick wrote:
The_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.
+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.
Know which countries?
Brazil, Russia, India, China, and South Africa (Google the term "BRICS" for more info).
Maverick
Junior Poster
Posts: 592
Joined: May 18th, 2013, 3:46 pm

Post by Maverick »

SilverEnergy wrote:
Taco wrote:
Anti-American wrote:
Maverick wrote:
The_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.
+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.
Know which countries?
BRICS Nations - Brazil, Russia, India, China, South Africa

These countries are also making their own internet too.
China is in very bad shape at the moment.
Interesting.

How so?

I was under the impression that China was an up-and-coming economy.
SilverEnergy
Junior Poster
Posts: 969
Joined: July 7th, 2013, 2:41 pm

Post by SilverEnergy »

Maverick wrote:
SilverEnergy wrote:
Taco wrote:
Anti-American wrote:
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.
Know which countries?
BRICS Nations - Brazil, Russia, India, China, South Africa

These countries are also making their own internet too.
China is in very bad shape at the moment.
Interesting.

How so?

I was under the impression that China was an up-and-coming economy.
China is the fastest growing economy in the world but it still suffers from inflation.

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.
"Allow me to show you the Power Cosmic!" - Silver Surfer
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Mr Natural
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Joined: October 28th, 2013, 4:20 pm
Location: USA

Post by Mr Natural »

The_Adventurer wrote:WHat will more than likely happen is the dollar will lose it's place as the world's reserve currency.
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 .....
Everybody has a plan til they get punched in the mouth
Mike Tyson
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