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reply to post by XplanetX
America has managed to fool the world into accepting fiat paper currency backed by nothing and have stashed away their gold so that when their currency collapses along with the rest of the worlds currencies, they will create a new gold backed currency and for the most part leave the rest of the world in trouble. China will be very pissed off as they are holding a large ammount of American iou's.
Originally posted by iNkGeEk
reply to post by XplanetX
so are you saying that WW3 is going to be over money/gold? I have a hard time believing that. I'm pretty sure that WW3 will be because of Israel/Palestine or Iran/N Korea trying/succeeding in nuking someone.
The world is pretty petty, but I don't think the cause of the worst war this world will ever see is going to be over something as mundane as money. To me that would be like an art/jewel thief robbing a kwik-e mart.
Originally posted by iNkGeEk
reply to post by XplanetX
so are you saying that WW3 is going to be over money/gold? I have a hard time believing that. I'm pretty sure that WW3 will be because of Israel/Palestine or Iran/N Korea trying/succeeding in nuking someone.
The world is pretty petty, but I don't think the cause of the worst war this world will ever see is going to be over something as mundane as money. To me that would be like an art/jewel thief robbing a kwik-e mart.
Originally posted by Flyer
If the US do that, surely no one will want to do business with them as they will be no different to a criminal fraudster with a terrible credit rating.
They will be worse off too.
Originally posted by paraphi
With the greatest respect to your acute undertaning of the world economy, how does the gold reserves and the dollar lead to WW3? Am I missing something obvious, or are you just trying to make a prediction which under simple scrutiny holds no water at all i.e. it is a "non" prediction.
The dollar is only the defacto global currency simply because the US is the bigest soverign economy.
Again. How do these facts lead to a prediction of war?
Please enlighten.
Regards