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August 26, 2024, 07:28:40 AM |
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The biggest institutional attack that would have led to some internal crisis in recent years was when Donald Trump instigated his supporters to attack the US Capitol. It would have been a good advantage for external forces to infiltrate the military and other important agencies to destabilise the country. But it seems the country has a sound system that cannot be manipulated easily. But the attack is proof that no system is immune to collapse.
Nothing lasts forever, the influence and power of the US is not exceptional. My biggest challenge is that the BRICS alliance have not been able to build a union driven by a common purpose. They have made many policies that have not been implemented making them look unserious. There are indications that the reason why some of them have not been fully committed to the goals of the alliance is because some of them are still under the influence of the US. Only time will tell how events will play out in the future.
The US might not collapse but it will lose its position as the number one economy. Donald Trump knew that China would have overtaken the US in a few years, and that was why he came up with many anti-Chinese policies. But you cannot stop a moving train Russia, India and China are gradually building an economy immune to the US manipulations.
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WillyAp
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August 26, 2024, 12:54:54 PM |
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US economy thrives on war. If US sees a possibility of a economic downturn, they will start selling their high-technology war machines to the Asian nations which have not been sold yet to anyone. Countries are waiting with bags full of money to buy these war machines.
So did Athens, Rome, Sparta, the UK, Genghis Khan etc.. We certainly have developed, have we?
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Yatsan
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August 26, 2024, 01:28:40 PM |
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Im waiting when usa collapse. So Every empires fall one day the BRICS nations will fall but not before 50-100 years But collapse never happens from the outside but usually divided issues inside the group some leaders will move away to try to make their own agenda and some will Leave 100% What could be the most suitable wealth measure on that time dollar lose value then it will be cryptocurrency and anyone who got crypto will come and buy usa for pennies cheap very cheap. Look at the mobs the mafia when they grow big they collapse it's like the logical process. When that day comes you want to be ready to pick up peaces from the ground floor. And China and russia want usa to fall they can not attack usa directly but they can use their ways to influence over usa to make chaos ....what the putin can do its the usa revolution like the USA did for russia long time ago. At the end any empire will fall that's only the question of time when it would be happening. But Im not here to take sides Im here to collect peaces from the floor when everything collapses. I LET the world elite fight and make their scams and manipulations while Im quetly in crypto and finances so i'll reap the fruits of volatility and my KARMA is clean i don't get involved of blackrock or other elite activities so i don't get enemies while Im watching when left overs will fall down and i go collect like smart RAT ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) so let the bad and powerhungry people fight with each others and do the bad things to get money while Im quietly collect money also from their actions....for me the rotchilds and blackrocks are the ones who collect money and do all the work while Im using their system to get benefits aswell. Look at the soviet union.....it collapsed....so we know the usa collapse soon but not the dollar just the economy will collapse so it's a gift you get everything from ground floor You have it that the U.S., like other empires in the history before it, is likely to collapse one day due to internal quibbles instead of external aggression. In which case, you believe that cryptocurrencies can only but get more valuable as the dollar loses value. leaving holders of cryptos with cheap wealth. You would think that countries like China and Russia would be able to get the US market. to make violence against their members rather than by direct attack on them. You seek to keep away from what powerful financial institutions are doing and concentrate on making riches stealthily through cryptocurrencies. This way, you hope for a clear fiscal conscience and avoiding any direct involvement in such a major power elite conflict.
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Casdinyard
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August 26, 2024, 04:55:53 PM |
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Here's the thing, only the wealthiest of the wealthiest will be ready for a collapse as massive of magnitude and relevance such as those that would come with the US dollar collapsing. Why? cause your money won't mean shit when that happens, if it's fiat, you're even more fucked. But if it's crypto, sure, the illusion of a higher bag will definitely set in but remember, everything is even more expensive now, and 9 times out of 10 I would assume you'd end up cashing your shit out and actually spending the money you tried so hard to save in crypto, to support your needs.
Nobody's going to be ready for this even if you brace yourself. So why not wish for it to not happen instead? At the end of the day, it's not like the US is doing nothing to circumvent the situation anyway, they know what will happen and just how massive it's gonna cost them.
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el kaka22
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August 27, 2024, 04:50:21 AM |
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If you really want to expect USA to be worse than any other nation, you will have to wait very long time, I do not see how that can happen anytime soon. I am not saying USA isn't getting worse, it's provably getting worse and it will keep getting worse, I am just saying that other nations are doing that too, we are all getting worse.
What this "USA" simplification does is to make you look at one nation, to ignore others, that's why there is racism, that's why there is sexism, that's why there is minority issues, that's why there is right vs left, any thing that divides people into two, or more groups, is there to make you look at that.
Simple very common marketing talking point, if there is one coke vending machine, your decision is to buy one or not buy one, if there is Pepsi and Coca Cola, it's about which one you will buy, not if you want to buy one. So they make you look at this, so that you ignore the fact that the wealthy in USA, in Russia, in China, in UK, and everywhere else living a wonderful amazing superb life, while we are all in terrible misery because of them. It is not about USA having trouble, it's about the fact that the whole world is in big trouble, and we are not getting any help neither.
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bubilas
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August 27, 2024, 10:05:39 AM |
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Im waiting when usa collapse. So Every empires fall one day the BRICS nations will fall but not before 50-100 years But collapse never happens from the outside but usually divided issues inside the group some leaders will move away to try to make their own agenda and some will Leave 100% What could be the most suitable wealth measure on that time dollar lose value then it will be cryptocurrency and anyone who got crypto will come and buy usa for pennies cheap very cheap. Look at the mobs the mafia when they grow big they collapse it's like the logical process. When that day comes you want to be ready to pick up peaces from the ground floor. And China and russia want usa to fall they can not attack usa directly but they can use their ways to influence over usa to make chaos ....what the putin can do its the usa revolution like the USA did for russia long time ago. At the end any empire will fall that's only the question of time when it would be happening. But Im not here to take sides Im here to collect peaces from the floor when everything collapses. I LET the world elite fight and make their scams and manipulations while Im quetly in crypto and finances so i'll reap the fruits of volatility and my KARMA is clean i don't get involved of blackrock or other elite activities so i don't get enemies while Im watching when left overs will fall down and i go collect like smart RAT ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) so let the bad and powerhungry people fight with each others and do the bad things to get money while Im quietly collect money also from their actions....for me the rotchilds and blackrocks are the ones who collect money and do all the work while Im using their system to get benefits aswell. Look at the soviet union.....it collapsed....so we know the usa collapse soon but not the dollar just the economy will collapse so it's a gift you get everything from ground floor The US looks like a happy and powerful country that has developed countries like South Korea. And this country has become like a paradise, although it was a village not long ago. I think that if someone can afford to develop distant countries like that, then the US has huge resources and power. So I don't think that in our lifetimes we will see the collapse of the US or the dollar. Various unforeseen circumstances are possible, and who knows: the world will understand that the dollar is not backed by anything, and will abandon it. But for now this situation is under the control of the USA.
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doomloop
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August 27, 2024, 06:45:11 PM |
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it has collapsed people don't understand that the collapse is not want they think a collapse should be.
You knowledge into finance is astonishing. The Economy is set up with inflation in mind. People grow, have a family, 3 kids, all those kids marry and have kids. How will you press that into a fixed amount money system? You cannot. Bitcoin was not developed to conquer the world. It was developed as P2P. I don't think there is something special with what he said but it only shows or proves that we must not underestimate things and if we are only more observant, wise, and knowledgeable, we can act quick and do the right thing. In terms of a currency collapsing, the appropriate thing to do must be to invest the remaining money that we have. There are no Bitcoins back in time but a gold and real estate (to name a few) would be enough already. There must be no such thing as 'fixed amount money system' but banks can print unlimited amounts if they wanted to. If you are referring to our personal wealth, we are only the ones who limit our selves as well. We still can do a family planning and other forms of control to cut expenses.
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DrBeer
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August 29, 2024, 09:27:58 AM |
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The biggest institutional attack that would have led to some internal crisis in recent years was when Donald Trump instigated his supporters to attack the US Capitol. It would have been a good advantage for external forces to infiltrate the military and other important agencies to destabilise the country. But it seems the country has a sound system that cannot be manipulated easily. But the attack is proof that no system is immune to collapse.
Nothing lasts forever, the influence and power of the US is not exceptional. My biggest challenge is that the BRICS alliance have not been able to build a union driven by a common purpose. They have made many policies that have not been implemented making them look unserious. There are indications that the reason why some of them have not been fully committed to the goals of the alliance is because some of them are still under the influence of the US. Only time will tell how events will play out in the future.
The US might not collapse but it will lose its position as the number one economy. Donald Trump knew that China would have overtaken the US in a few years, and that was why he came up with many anti-Chinese policies. But you cannot stop a moving train Russia, India and China are gradually building an economy immune to the US manipulations.
The problem with the BRICS is not only that they share a common SUSTAINABLE goal. The key problem is that the BRICS, which started as an economic union with a good idea, has turned into a collection of “fighters against the US” and the entire Western world. In addition, in recent years, several countries have chosen to manipulate the BRICS members, and China has decided to make them its cash cows and resources to solve its economic problems, including through unsuccessful attempts to slip the yuan as a “substitute for the dollar”, hiding under this “export of economic problems from China” By the way, another question to the dreamers about the “collapse of the U.S.” - do you imagine what will start in your country after this event ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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WillyAp
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August 31, 2024, 11:05:14 PM |
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There must be no such thing as 'fixed amount money system' but banks can print unlimited amounts if they wanted to. If you are referring to our personal wealth, we are only the ones who limit our selves as well. We still can do a family planning and other forms of control to cut expenses.
You confuse banks with Central Banks. Banks can create digital money, but not FIAT.
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STT
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August 31, 2024, 11:19:49 PM Last edit: August 31, 2024, 11:36:34 PM by STT |
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Brics I dont rate especially, unless they can demonstrate cohesion and policy advantage from their combination of trade. Comparative advantage or some kind of reason why they do better together then normal. I dont think you can rate BRICS over USA or any large union, not now or in future. Separately all those countries have tons of potential in growth, but nothing extra that I've seen in particular. Im glad someone posted that dollar chart because its already collapsed, if there was any show to watch its mostly over in that regard. The people have noticed a giant gap in their finances and the instability of the dollar so I dont know that leads to upset but its part of what is ongoing in politics. How long it takes for politics to realize the people will not take the continual destruction of their currency, of their wages and savings Im not sure but it could be a long time and it already has been a long time that the dollar has failed to retain the savings it should have. Its over half a century since the gold standard unwound and the price of gold reflects some of the depreciation in the dollar and average working wage purchasing power for the majority of the country in their employment. Its only the real estate boom which has provided some compensation to those able to hold onto that asset while the debt is eased by constant devaluation of the dollar, not everyone got that and its obviously been flawed and stumbled many times even in that benefit.
You confuse banks with Central Banks. Banks can create digital money, but not FIAT.
Fractional reserves in effect includes all banks in the policy of expanding the monetary base. Its part of why the Federal reserve will always favor inflation not deflation which they greatly fear, they wont allow money to accumulate value now as national debt towers over us all. Treasury interest payments are great enough to consume the entire fiscal budget, no other part of government would operate after that expense. Japan in effect has no way to repay its debt, in honest value at least.
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The Sceptical Chymist
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August 31, 2024, 11:57:11 PM |
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I don't know, man. This seems like a rant against the US disguised as a thread related to bitcoin based on the very brief mention of the latter in the OP.
Mods, you might want to move this to P&S, because pretty much nothing OP wrote is going to spark a discussion about anything economics-related that's not infused with political messaging.
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tygeade
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September 03, 2024, 06:09:41 PM |
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The US looks like a happy and powerful country that has developed countries like South Korea. And this country has become like a paradise, although it was a village not long ago. I think that if someone can afford to develop distant countries like that, then the US has huge resources and power. So I don't think that in our lifetimes we will see the collapse of the US or the dollar.
Various unforeseen circumstances are possible, and who knows: the world will understand that the dollar is not backed by anything, and will abandon it. But for now this situation is under the control of the USA.
That is the attempt in most cases but it doesn't really work all the time does it. Like they wanted South Korea to be like that, and they did it, look at Latin America and what they did there, did they really helped anyone there? They have been meddling with Afghanistan and Iraq, are they great too? Nope, not at all and you can blame the nations all you want but if USA wanted to, they could have made these countries much better too, they just didn't see the reason. Whereas, Korea is a nation that's right there on China, and the fact that they would have a very strong ally right near China was something they can benefit from, which is why they did it. I think the best way to move forward with this would be the key figure to get out. If they had a very strong and secular and powerful Iraq, it wouldn't really be that much of a help for them at all, hell they even gave up Afghanistan completely after twenty years of being there, shows you how little they care.
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Argoo
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September 06, 2024, 08:56:21 AM |
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Russia is russia and soviet Union is soviet they are 2 different things. Remember soviet Union was created by the USA. Russia now it's not soviet but different place. So USA is exacly like soviet union was but collapse can coming....the collapse it's not the end but it's good time to very cheap
Putin's current Russia is not much different from the Soviet Union. And in Russia itself they do not deny that they are the successors of the USSR. Everything there remained the same, except that after the collapse of the USSR, the Baltic countries, Ukraine, Belarus and the countries of Central Asia left this violent formation. And this is exactly what Russia does not like, so Putin decided to fix it all with the same violent methods of the Soviet Union. Since Ukraine wanted to join the European Union, the blow was dealt to Ukraine in order to seize it again, as the Bolsheviks had done with the Ukrainian People's Republic after the collapse of the Russian Empire in the twenties of the last century, and then subordinate it to their influence under the same sign of a new "voluntary" unification. But something went wrong in Putin's plans. Now, as a result of the failed war unleashed against Ukraine, in Russia itself, the remaining part of the forcibly annexed territories will also inevitably want to separate from it due to the weakening of the central government. And this is the entire vast territory beyond the Urals with their natural sources of oil and gas, because in Russia itself there is practically no oil and gas. All this time it was parasitizing and exploiting other peoples, robbing their resources. That is why it was Russia that created the USSR, not the USA. And the collapse of Russia is already near.
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ethereumhunter
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September 06, 2024, 10:11:47 AM |
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Let them fight to defend what they want but we must be prepare for the worst thing that can happen anytime. You don't have to just wait but make a preparation if that things really happen so you will not get the effect. Even if the situation getting worst, you will know what you will do and how to save you and your family without getting the bad effect. Maybe everything will collapse because every world elite wants to take position and be in the elite circle by showing their power. China, Russia, and US may fight each other and use their latest weapon to conquer and win the battle but the victim will be their people because their people will get the impact of the way if the war happen everywhere. If everything is collapse, that will become hard situation for many people and if those people is not ready with the situation, they will hard to survive.
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DrBeer
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September 06, 2024, 01:38:08 PM |
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it has collapsed people don't understand that the collapse is not want they think a collapse should be.
23 years in a row adding to the deficit is a collapse.
the next president will add to the deficits and eventually the 'official' collapse will have happened.
The collapse of the US. dollar's purchasing power has been existing for many decades, not in the last 23 years. It is a long term issue and no single President can fix it. In one or two presidencies, one President can halt the inflation and stop massive printing added to money supply, but next Presidents will restart money printing and the purchasing power of US. dollar will fall again. ... While showing the “collapse of the dollar”, don't forget to show all the other currencies ? And the euro, and the yuan, and the ruble, and the Iranian rial, and other “stable and secured currencies, not these green papers” ... . Or is it not convenient to show the OVERALL picture ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) All currencies have inflationary effects. But, the US dollar still looks convincing and stable against the background of all the others, which is also confirmed by the confidence of the whole world in the dollar, except for the pariah countries. Even “fighters against the dollar” like Russia and China squeal when they receive dollars as payment instead of useless papers! Russia got cash dollars from Rwanda, and is very happy about it. No, you didn't hear that - not yuan, not ruble, not Iranian rial. It's the “unsecured dollar”. You can easily find : “Russia purchased $29,210,000 worth of cash dollars from the Rwandan Ministry of Defense.” ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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