tag:blogger.com,1999:blog-3247350212550914879.post541224046239155225..comments2024-03-04T15:59:34.907-07:00Comments on Frankenstein Government: The Voices in My Head Have a Happy ToneBrianhttp://www.blogger.com/profile/11009623520148094685noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3247350212550914879.post-45647046920107129612011-02-20T08:30:38.890-07:002011-02-20T08:30:38.890-07:00You mention post collapse of the dollar. What if t...You mention post collapse of the dollar. What if there was no post collapse of the dollar? Why, the chinese have nothing to gain by becoming the new reserve currency? Why, because all of their products would become too expensive. Its better to beat the dollar up and sell their products cheap. 1.4 billion chinese cant be wrong.Unknownhttps://www.blogger.com/profile/05320733059450693229noreply@blogger.comtag:blogger.com,1999:blog-3247350212550914879.post-78279855950290750402011-02-19T17:02:52.510-07:002011-02-19T17:02:52.510-07:00I agree. I just can't bank or predict an econo...I agree. I just can't bank or predict an economic collapse Interestingly enough, China has quit buying treasuries and in fact, they are selling. They only have a trillion invested. In a few years, that is chump change and they can walk away. The 20 years of slow growth is a rosy scenario...you see Japan citizens own all of their debt and the yen is not the world's default currency.<br /><br />That's what makes the dollar, frighteningly different. The dollar's collapse will send shock waves all over the world. Oil is traded in dollars. What happens when they say no oil for you? Your money is no good? This is very serious stuff and I'm not sure peeps understand just how serious that kind of disruption is going to be. The yuan will be the world's default currency...like the pound once was.Brianhttps://www.blogger.com/profile/11009623520148094685noreply@blogger.comtag:blogger.com,1999:blog-3247350212550914879.post-72887506906140037222011-02-19T14:35:59.905-07:002011-02-19T14:35:59.905-07:00Its like this, your friend says the economy is goi...Its like this, your friend says the economy is going to collapse. Not going to happen. Why? China has too much invested and wont let it happen. Hmmm, inflation will happen, and we'll moan and groan, but no collapse. It will be just a slow growth, like Japan, 20 years of slow growth. Yes, silver is the best bet to beat the inflation gods. After 20 years who cares? Robots will be in every home. Watson on the Jeopardy show proved that computers are smarter than humans. Japanese will be using them to monitor their old people and keep them entertained. What does that have to do with us? We will be an endangered species within 50 years. We have exoskeletons for soldiers now. Its only a matter of time, 20-30 years before they fight our wars, then realize, we aren't needed and remove us like some rodent. You watch.Unknownhttps://www.blogger.com/profile/05320733059450693229noreply@blogger.com