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Russia & China bypass USD
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Topic: Russia & China bypass USD (Read 2943 times)
Harley997
Sr. Member
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Activity: 266
Merit: 250
Re: Russia & China bypass USD
June 26, 2014, 03:33:36 AM
#41
Quote from: okthen on June 23, 2014, 12:46:43 AM
Quote from: DubFX on June 22, 2014, 01:59:25 PM
In my opinion it would be better for every country to skip USD, it's masively, but this is true meaning of masively inflated currency and its debt is growing every day.
This is good advice to anyone.
However, the euro seems to be walking down the same path...
The Euro is much worse off. The EU will always need to support it's weaker member countries, while the US has massive taxing and borrowing capabilities.
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onlyu
Full Member
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Activity: 165
Merit: 100
Re: Russia & China bypass USD
June 26, 2014, 03:36:44 AM
#42
Quote from: Harley997 on June 26, 2014, 03:33:36 AM
Quote from: okthen on June 23, 2014, 12:46:43 AM
Quote from: DubFX on June 22, 2014, 01:59:25 PM
In my opinion it would be better for every country to skip USD, it's masively, but this is true meaning of masively inflated currency and its debt is growing every day.
This is good advice to anyone.
However, the euro seems to be walking down the same path...
The Euro is much worse off. The EU will always need to support it's weaker member countries, while the US has massive taxing and borrowing capabilities.
Reason why EU should just kick out the weak member countries.
ShakyhandsBTCer
Sr. Member
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Activity: 448
Merit: 250
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Re: Russia & China bypass USD
June 26, 2014, 04:43:22 AM
#43
Quote from: onlyu on June 26, 2014, 03:36:44 AM
Quote from: Harley997 on June 26, 2014, 03:33:36 AM
Quote from: okthen on June 23, 2014, 12:46:43 AM
Quote from: DubFX on June 22, 2014, 01:59:25 PM
In my opinion it would be better for every country to skip USD, it's masively, but this is true meaning of masively inflated currency and its debt is growing every day.
This is good advice to anyone.
However, the euro seems to be walking down the same path...
The Euro is much worse off. The EU will always need to support it's weaker member countries, while the US has massive taxing and borrowing capabilities.
Reason why EU should just kick out the weak member countries.
This would threaten the EU as being an ongoing concern. Many countries experience economic recession and this will not necessarily happen at the same time as the rest of the EU.
Kprawn
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Activity: 1904
Merit: 1074
Re: Russia & China bypass USD
June 26, 2014, 07:41:26 AM
#44
It's scary how much of the USA is owned by foreign countries. They have too much invested in the USA to start a war.
But wars help unemployment and create markets for goods, e.g. Tanks, jets .... So who knows why decisions are made these days.
Thing is, people suffer and get killed for mostly wrong reasons, but sometimes it's a neccesarry evil to defeat evil.
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smashingpumpkin
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Activity: 53
Merit: 0
Re: Russia & China bypass USD
June 26, 2014, 10:36:39 AM
#45
Quote from: onlyu on June 26, 2014, 03:36:44 AM
Reason why EU should just kick out the weak member countries.
Meanwhile they seem like they are willing to accept one more country, which is more messed up than the most possibly messed up EU country.
deftonikus
Member
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Activity: 75
Merit: 10
Re: Russia & China bypass USD
July 12, 2014, 08:02:52 PM
#46
Russia is working on creating an economical block that could compete with transantantic aliance. I think first Putin will try to get together Asia and then join it with South America, which is notoriously against US policies. There are actually many educated people like professors, economists and sociologist that predicts, shift of world influence from West to East.
Fun fact: Most famous and respected fortunetellers predicted Russia/Asia to be main force in world of 21 century.
We live in intereting times.
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Harley997
Sr. Member
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Activity: 266
Merit: 250
Re: Russia & China bypass USD
July 13, 2014, 05:59:30 AM
#47
Quote from: onlyu on June 26, 2014, 03:36:44 AM
Quote from: Harley997 on June 26, 2014, 03:33:36 AM
Quote from: okthen on June 23, 2014, 12:46:43 AM
Quote from: DubFX on June 22, 2014, 01:59:25 PM
In my opinion it would be better for every country to skip USD, it's masively, but this is true meaning of masively inflated currency and its debt is growing every day.
This is good advice to anyone.
However, the euro seems to be walking down the same path...
The Euro is much worse off. The EU will always need to support it's weaker member countries, while the US has massive taxing and borrowing capabilities.
Reason why EU should just kick out the weak member countries.
The EU kicking out weaker member countries would mean the end of the Euro as all countries will eventually go through their own downturns.
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P
R
I
M
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The Premier Bitcoin Gambling Experience
@PrimeDice
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Nerazzura
Sr. Member
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Activity: 378
Merit: 250
Re: Russia & China bypass USD
July 14, 2014, 05:49:06 PM
#48
Quote from: bryant.coleman on May 24, 2014, 02:39:00 PM
In the immediate future, the exchange rate of Bitcoin can increase as a result of this. (The value of the USD will decline, as the trade volume is lowered. And proportionally, the BTC vs USD exchange rate will increase).
hopefully it will actually happen. Can you give details or reasons why you talk like that, friend
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