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Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 10:02 am
by The Dharma Bum
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 10:12 am
by The Comrade
Call me when OPEC drops it.
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 10:14 am
by The Dharma Bum
What if all BRIC nations follow suit?
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 10:22 am
by The Dharma Bum
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 10:32 am
by The Comrade
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 10:42 am
by The Dharma Bum
It's the moment of truth for the dollar
there are mighty forces being leveraged by the purveyors of this form of economic warfare and their net is tightening on the secondary nations of the industrial core and the developing world, as well as on the domestic front.
However, the global financial syndicate has currently misallocated resources and human capital on a global level to the tune of 1000s of trillions in unfunded obligations and deficits. To meet this an effort to capture all capital currently in existence is literally underway.
Talk about top heavy. It will topple. Capital will be reallocated, there's no doubt about it.
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 10:52 am
by The Dharma Bum
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 10:57 am
by The Comrade
Economic potential isn't current output. And their domestic currencies area trash. Even china s currency is crap. Unless they want to tie themselves to the euro or invent their own currency I don't see this as a major concern.
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 11:11 am
by The Dharma Bum
Re: Russia may drop USD as reserve currency
Posted:
Fri Mar 28, 2014 11:16 am
by The Comrade
hat ifs are fun but I don't see a huge ecpnomoic union between such different countries for the sake of f**k over the us dollar.
Let's not pretend a move like that will just harm the USA.