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The End of the Dollar? Talk is everywhere but in the US media as expected

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  1. #1
    LAM
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    The End of the Dollar? Talk is everywhere but in the US media as expected

    News Analysis: Is world ready for a new int'l financial system?
    http://english.people.com.cn/90002/95891/6541177.html

    Asia and Europe join hands to tackle challenges
    Asia and Europe join hands to tackle challenges - People's Daily Online

    U.S. has plundered world wealth with dollar: China paper
    U.S. has plundered world wealth with dollar: China paper | Reuters

    It’s Finished
    LRB · John Lanchester · It

    The American Empire Is Bankrupt
    Chris Hedges: The American Empire Is Bankrupt - Chris Hedges' Columns - Truthdig

    US itself, other countries with currency reform bill
    US itself, other countries with currency reform bill - People's Daily Online

    U.S. exchange rate hegemony should come to halt
    U.S. exchange rate hegemony should come to halt - People's Daily Online

    Will China's rise lead to the decline of U.S.?
    Will China's rise lead to the decline of U.S.? - People's Daily Online

    China can't pay US' bills
    China can't pay US' bills - People's Daily Online

    China's Xinjiang to boost yuan settlement in cross-border trade
    China's Xinjiang to boost yuan settlement in cross-border trade - People's Daily Online

    Interview: Ex-Fed official says U.S. monetary policy unlikely to reverse before rapid change in inflation expectations
    Interview: Ex-Fed official says U.S. monetary policy unlikely to reverse before rapid change in inflation expectations - People's Daily Online

    China's parliamentary sessions attract overseas media attention
    China's parliamentary sessions attract overseas media attention - People's Daily Online

    China's embrace of multilateral institutions: from a have-to to an active diplomacy
    China's embrace of multilateral institutions: from a have-to to an active diplomacy - People's Daily Online

    China, Russia trade agreement: End of Dollar era?
    China, Russia trade agreement: End of Dollar era? | www.commodityonline.com | 3
    Last edited by LAM; 06-28-2011 at 03:06 AM.
    I train differently than most, my beef is with gravity the weights on the bar are just the medium...Thanks to Wall Street your slice of the American Pie has been reduced to a crumb.

  2. #2
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    fuaaaak... what do i do now?!

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    The pyramid scheme on which our financial system is based on is about to collapse. Since 1913 we've had a 97% devaluation of the dollar. For every dollar the federal reserve loans out to the american government, interest must be paid on the note, hence the phrase "debt is money, and money is debt". You may be wondering where the money comes from to pay back the interest. It does not exist. This is why the system was doomed to fail from the start, and will generate a depression on a scale the world has never seen before. This information is available to any first year economic student.

    "The P90X Dvd is great .... as a coaster for my drink or to spread mayo on my sandwiches."- Merkaba

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    guys this is all in the bible- the world will have one money
    its a world of fuck or get fucked think i will start fucking

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    this will all make sense when the remake of RED DAWN comes out this summer!
    www.euroking-gear.com
    please know the laws of your country when purchasing

  6. #6
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    Quote Originally Posted by Moneytoblow View Post
    The pyramid scheme on which our financial system is based on is about to collapse. Since 1913 we've had a 97% devaluation of the dollar. For every dollar the federal reserve loans out to the american government, interest must be paid on the note, hence the phrase "debt is money, and money is debt". You may be wondering where the money comes from to pay back the interest. It does not exist. This is why the system was doomed to fail from the start, and will generate a depression on a scale the world has never seen before. This information is available to any first year economic student.
    the sad thing is many think it will last forever, history tells us no republic does.

    70% of the world's currency reserves are in us dollars which is fiat, it's backed by nothing. access to free capital allowed greed and excess to consume the country for decades. far too many caught up in ideology vs looking at the math of economics. the IMF is saying by 2025 the dollar will have been replaced and/or along side other non-fiat reserve currencies. hyperinflation will send all those not extremely wealthy into poverty. US citizens will not be able to cross the border and go into Canada to work like they have from Mexico after hyperinflation hit them as the after math of neo-liberal economic policies tanked their economy and currency.
    I train differently than most, my beef is with gravity the weights on the bar are just the medium...Thanks to Wall Street your slice of the American Pie has been reduced to a crumb.

  7. #7
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    The U.S. dollar dominance is soon coming to an end, but on the bright side.

    These feckless politicians are now speaking of legalizing marijuana. Oy Vey!
    The journey of a thousand miles must begin with a single step.

  8. #8
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    INTERNATIONAL MONETARY FUND
    Reserve Accumulation and International Monetary Stability
    April 13, 2010
    http://www.imf.org/external/np/pp/eng/2010/041310.pdf
    I train differently than most, my beef is with gravity the weights on the bar are just the medium...Thanks to Wall Street your slice of the American Pie has been reduced to a crumb.

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    Quote Originally Posted by irish_2003 View Post
    this will all make sense when the remake of RED DAWN comes out this summer!
    Damn, I didn't know they were remaking that movie, it was awesome!


    As for all of the stuff LAM posted...Burn, baby, burn!
    If sense were common, everyone would have it.

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    Start stock-piling weapons and prepare for the waves of cannibalism. Or, start stock-piling cannibalism and wait for the waves of unsuspecting tourists.






















































    bicka bricka breadlines nigga
    May the plop be on you.

  11. #11
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    I prey for revolution. I wany to rape and pillage god dammit.
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    I'm glad we all have a sense of humor, and can laugh at all this shiite before Rome burns to ashes...

    It's a good thing I saved all my beer bottles, cause I think we're going to convert to different color glass as our new currency.

    I'm rich bitch!
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    If such information were to be made public in the US that would completely undermine our political system of keeping the people under government rule.

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    Censored 2011
    top 25 news stories censored in the U.S.
    May the plop be on you.

  15. #15
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    Quote Originally Posted by withoutrulers View Post
    Censored 2011
    top 25 news stories censored in the U.S.
    Apparently they censored your post, too.
    So many cries of inequality stem from one of group
    of people doing little or nothing and then bitching
    about another group that actually does something
    to improve their lives.

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    Quote Originally Posted by DOMS View Post
    Apparently they censored your post, too.
    sorry my post was kind of vague. That's the title of a book with one of the censored news stories being about the transition off the U.S. dollar as the Imf and world bank currency.
    It also says the Department of Defense is the world's largest polluter.
    it's a good book, I highly recommend it.
    May the plop be on you.

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    Very good.
    The journey of a thousand miles must begin with a single step.

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    The USD also has one more power thing working to devalue it - a lack of confidence.

    A lot of jokes in the thread. That's cool. But life is going to be different for all of us in the future.
    Don't go around saying the world owes you a living. The world owes you nothing. It was here first.

    Mark Twain

  19. #19
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    Quote Originally Posted by Big Smoothy View Post
    The USD also has one more power thing working to devalue it - a lack of confidence.

    A lot of jokes in the thread. That's cool. But life is going to be different for all of us in the future.
    On page 26 it shows the ratios of the currency's that are in current use in the SDR basket and the ratio of the euro is only 10% less than the dollar.

    http://www.imf.org/external/np/pp/eng/2010/041310.pdf

    * in 50 years US citizen's will be dreaming of socialism. the last 30 years of "prosperity" as well all know have been based on a lie and have been nothing but the opening up of credit markets so the bottom half of wage earners could continue to spend on their 1980's wages.
    I train differently than most, my beef is with gravity the weights on the bar are just the medium...Thanks to Wall Street your slice of the American Pie has been reduced to a crumb.

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    While I haven't read all the articles, I can't help but notice that more than half of the links you posted are from People's Daily from the China. That paper has historically been the mouthpiece of the Communist Party of China. No question the USD is going down the shitter, but I'm not sure that you're going to get the most reliable and unbiased info from the People's Daily. No one in China these days even relies on that paper for real news.
    Obama/Ayers 2012!!!

  21. #21
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    Quote Originally Posted by GearsMcGilf View Post
    While I haven't read all the articles, I can't help but notice that more than half of the links you posted are from People's Daily from the China. That paper has historically been the mouthpiece of the Communist Party of China. No question the USD is going down the shitter, but I'm not sure that you're going to get the most reliable and unbiased info from the People's Daily. No one in China these days even relies on that paper for real news.
    the source doesn't mean the information isn't accurate, which it is.

    you don't have to use a translator on their web page while a lot of foreign internet sites you do. most people would be less inclined to look at the links if they had to download the right fonts for that language.
    I train differently than most, my beef is with gravity the weights on the bar are just the medium...Thanks to Wall Street your slice of the American Pie has been reduced to a crumb.

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