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Question: Which Fiat is more broken USD or EUR?
USD - 3 (60%)
EUR - 2 (40%)
Total Voters: 5

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Author Topic: which fiat is more broken USD or EUR?  (Read 44 times)
KingScorpio
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May 19, 2018, 06:05:34 AM
 #1

Which of those two Fiats yout think

is more Broken the USD that depends on foreign Oil Trade monopoly with it.

or the EUR that depends on the germans sustaining the Eurozone?

regards

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Hydrogen
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May 20, 2018, 12:40:04 AM
 #2

I think EUR is worse off. Many politicians there appear to be doing 100% the opposite of what they say they're doing. The UK might be in good shape considering they opted for #brexit and could avoid negative fallout associated with the EU. Violence in europe is at all time highs. London's homicide rate was higher than new york's for the first time ever, recently:

https://www.usatoday.com/story/news/world/2018/04/03/londons-murder-rate-higher-than-new-york-citys/480860002/

Things are bad in EUR and they will probably become worse as there is no real process of accountability of fact checking for things that are going wrong. I see many falsehoods published by EUR media and its unclear whether or not europeans pick up on the inaccuracy of the news media there.

At least the US economy appears to be doing well now with Trump in office. There is no similar figure or movement for europeans to rally around that cares about improving their living circumstances although some nations like hungary may be on the right track.

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May 20, 2018, 06:45:25 PM
 #3

Which of those two Fiats yout think

is more Broken the USD that depends on foreign Oil Trade monopoly with it.

or the EUR that depends on the germans sustaining the Eurozone?

regards

The main structure of the European Union is based on the fact that a crisis in a single country can lead to serious financial consequences throughout the euro area. In the USA there are no such banks that are completely dependent on the financial situation that is observed in a separate state.
Therefore, the answer is obvious - the dollar is more reliable.

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May 20, 2018, 06:58:18 PM
 #4

Yes but USD keeps its value by forcing other countries to trade in USD. Especially petroleum exports! But petroleum is dead and the US Dept. of Defense's Inspector General reported that there was $21,000,000,000,000 USD of unaccounted for spending at the Pentagon over the last 18 years. Yes, that's "trillion". I don't know why this hasn't already collapsed the US economy? Is it because every other NATO country is reliant on the USD? /grimace
Rest In Peace, Gold Dinar. Now is everyone is fk't.
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May 20, 2018, 07:29:13 PM
 #5

i think Usd is more broken ,although the usd is more popular and it is used in  a lot of countries
but EuR is less broken than Usd
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May 20, 2018, 07:39:07 PM
 #6

The main structure of the European Union is based on the fact that a crisis in a single country can lead to serious financial consequences throughout the euro area. In the USA there are no such banks that are completely dependent on the financial situation that is observed in a separate state.
Therefore, the answer is obvious - the dollar is more reliable.

There are mechanisms to prevent a single country's misdeeds from bringing down the European Union. There are rules around how much a country can spend, how much its fiscal deficit can be, etc. With the USA, there are no rules - the President is in charge and he may boost the dollar or run it to the ground. With Trump in charge, I am not sure that the dollar is the more reliable bet.


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May 20, 2018, 07:47:34 PM
 #7

I see USD more evil, selling of weapons and supporting wars on different continents. Meanwhile the EU is caring only about their own interests.

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May 20, 2018, 11:44:13 PM
 #8

I think that the USD is more broken as it is already in its final phase as global reserve currency.China and Russia have already started to use their own currencies instead of USD for international trade.

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