No One Wants The US Dollar
Hit by a free fall with no end in sight, the once mighty U.S. dollar is no longer just crashing on currency markets and making life more expensive for American tourists and business people abroad; its clout is evaporating worldwide as foreign businesses and individuals turn to other currencies. Experts say the bleak U.S. economic forecast means it will take years for the greenback to recover its value and prestige.
Ref. https://www.signonsandiego.com/uniontrib/20...1b17dollar.html
This is great news for the US dollar, looks like it will be picking back up its armor again:
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Dollar increases against the euro The dollar climbs towards a six-month high against the euro, as fears remain about a European recession. Ref. Source 9 |
International Level: International Guru / Political Participation: 3231 100%
The us dollar will have a few rallies on the upswing, but it will continue to decline. We are borrowing more than we can pay back and are heading for the worst depression ever.
When billionaires start to pull out of American investments and currency then you better look out.
We consume more than we produce.
Gas prices have somewhat to do with the low value of american currency.
I would say get out of the American dollar. This balloon is about to pop.
The experts that are batting a thousand say the Yen, swiss frank, chinese stocks, and gold. Gold being the best to hedge against inflation.
Look up Peter Shciff. He predicted the houseing bubble and everything that is going on right now.
Source 9
As long as the Federal Reserve Bank (which, by the way, has nothing to do with the U.S. Federal Government) keeps printing money with nothing of any value to back it up except the "full faith and credit" of the US Government... the dollar value will continue to decline and eventually tank altogether. Every government that has used this type of fiat currency in ages past has *failed* miserably. It's just a matter of time.
International Level: Ambassador / Political Participation: 595 59.5%
The only way to stop the total decline of the dollar is to stop federal spending and start paying off those we are in debt to...which is most of the rest of the world. Do that and the dollar will start having some value again. That is what I am most upset about in this election is not hearing the candidates talk enough about the debt.
International Level: International Guru / Political Participation: 863 86.3%
The Collapse Of The US Dollar
"Understanding the Next Phase of the Global Systemic Crisis"
By Guns And Butter - Audio
Interview with Director of Research for the GlobalEurope Anticipation Bulletin, Franck Biancheri. We discuss the global systemic crisis leading to a Very Great Depression in the United States.
Ref. Source 1