American Dollar Total Collapse worth less than toilet paper
by What-A-Coincidence 11 Replies latest jw friends
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Confucious
If Max Keiser thinks that the American Dollar is that bad - it's very very simple.
He can request that his paychecks from the Huffington Post be paid to him by way of toilet paper - since it's the same thing, right?
The American Dollar is going anywhere anytime soon.
American just called the world's bluff and the world bliinked.
Factories are also closing in China - because we're not buying stuff from them anymore.
The Dollar has gained back on the Euro from 1.7 to about 1.4.
The world just found out it needs a strong U.S. because there's not another country out there that has consumers like us.
What is happening to the economy is a correction - not a collapse.
Poor people have been living like Middle Class. Middle Class has been living like the Rich. The Rich have been living like Multi-Millionaires.
The bad economy has just "Put American's in it's Place."
But it has not destroyed us.
Confucious
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Satanus
How could it be worth LESS than toilet paper? Although, must admit that i don't personally know just how good it is for wiping.
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PrimateDave
An alternative and possibly more considered viewpoint:
Deflation has become inevitable.
Dave -
What-A-Coincidence
Max Keiser - The Original Death of the Dollar
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5go
I see bank runs from hell coming in our near future.
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sammielee24
Deflation followed by inflation...
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mrsjones5
I suppose things are slightly better here than in Zimbabwe where inflation is at somewhere around 230 million percent
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Satanus
Devaluation was guaranteed as soon as the govt created out of thin air the money for the bailouts. If they would have allowed the companies to collapse, the value would have stayed in money.
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cameo-d
Did you notice the Eiffel Tower directly behind him?
That is symbolic of the Highest Authority of the Illuminati echelon.
All the really big secret meetings and major decisions come out of the Paris Order of the Brotherhood.