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16/04/16
21:04
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Originally posted by riverred
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Hi SlimW, I doubt that the USD will collapse, as we understand the dire meaning of this word. But I believe that it will decline over time. I'm too unstructured and undisciplined to do detailed research and build a valid analysis on why the USD will not collapse. In my mind, there're various related factors to do with the cruelties of greed and fear (nothing new here):
1. China not allowing it to occur because it holds US$3T.
2. EU (incl. Israel) not allowing it to occur because of "blood ties" in all political senses of that phrase.
3. International politics and great wealth do make strange bedfellows amongst ALL friends and foes.
4. A quick USD death has unpredictable and uncontrollable economic repercussions for too many nations.
5. Better to let the USD self-haemorrhage to death, but with assisted, controlled and mopped up bleeding.
6. And while it's dying, to continue inflicting the thousand little but lethal cuts.
7. Russia and Middle-East each have aces up their sleeves, too.
8. But, like China, they don't kiss and tell. Under the circumstances, who would?
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I agree with many of your points and not arguing whatsoever but it makes you wonder how do you assist this in a controlled manner ? it's a nuclear bomb imagine if things do just get out of control? the carnage that Lehman Brothers alone left was bad enough imagine a few more American banks this time.
Global Derivatives: $1.5 Quadrillion Time Bomb...
http://www.globalresearch.ca/global-derivatives-1-5-quadrillion-time-bomb/5464666