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| Forum Description: Find out what's happening around the world! |
10-07-2010, 05:51 AM
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#1
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Senior Member
Join Date: Apr 2007
Location: midgard
Posts: 3,004
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Currency war goes global
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This will influence our lives more than anything else...
http://www.examiner.com/internationa...he-g-7-meeting
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10-09-2010, 05:26 PM
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#2
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Hip Forums Webmaster
Join Date: May 2004
Location: In The Sky
Age: 58
Posts: 11,927
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3 out of 3 members like this post.
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The US is losing the currency war because the dollar is being devalued everytime a new $ gets printed up or electronically "appears" in some account.
The US has so much debt, and China so many US$ that it behooves the US to print more $ just to lessen the leverage China has over the US.
The truth that no one wants to admit is that the Chinese, Saudis and Japanese "OWN" us.
We must do their bidding too, and that sticks in the craw of American politicians.
But of course the Bushes were just fine kowtowing to the Saudis and Japanese. It's just that they still look down upon the Chinese because believe it or not, they're still COMMUNIST!
So even though the US thinks it won the cold war, we've bought everything we own (and are in debt over) from the Commies...
Congrats China! Time to kowtow everyone! Time to honor our communist overlords.
__________________
Free Bradley Manning!
“In order to rally people, governments need enemies. They want us to be afraid, to hate, so we will rally behind them. And if they do not have a real enemy, they will invent one in order to mobilize us”. Thich Nhat Hanh
"You are talking to a leftist. I believe in the redistribution of wealth and power in the world. I believe in universal hospital care for everyone. I believe that we should not have a single homeless person in the richest country in the world. And I believe that we should not have a C.I.A. that goes around overwhelming governments and assassinating political leaders, working for tight oligarchies around the world to protect the tight oligarchy here at home." Abbie Hoffman
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10-09-2010, 06:31 PM
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#3
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Pedestrian
Join Date: Feb 2008
Location: West Dakota
Age: 52
Posts: 4,442
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i'll have chop suey for lunch . . .
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10-09-2010, 09:00 PM
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#4
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Senior Member
Join Date: Apr 2007
Location: midgard
Posts: 3,004
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IMF chief warns
http://www.bbc.co.uk/news/business-11496300
is that really a currency war?
I think we are just exporting too much...
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10-09-2010, 09:06 PM
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#5
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Hip Forums Webmaster
Join Date: May 2004
Location: In The Sky
Age: 58
Posts: 11,927
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Funny thing is, it's really a co-dependency between the US and China now.
For instance they wouldn't try to hurt us since they have so much to lose in so many ways if they did.
If there truly was a currency war, with China having so much US currency, it's not in their interests to devalue it or revalue their own currency higher.
Guess we're all really in the same boat. And as China goes, so goes the US now, and vicey versey!
__________________
Free Bradley Manning!
“In order to rally people, governments need enemies. They want us to be afraid, to hate, so we will rally behind them. And if they do not have a real enemy, they will invent one in order to mobilize us”. Thich Nhat Hanh
"You are talking to a leftist. I believe in the redistribution of wealth and power in the world. I believe in universal hospital care for everyone. I believe that we should not have a single homeless person in the richest country in the world. And I believe that we should not have a C.I.A. that goes around overwhelming governments and assassinating political leaders, working for tight oligarchies around the world to protect the tight oligarchy here at home." Abbie Hoffman
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10-09-2010, 09:32 PM
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#6
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Senior Member
Join Date: Apr 2007
Location: midgard
Posts: 3,004
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They wouldnt hurt us- Im not sure but Im sure that we will hurt them as long as we have the weapons technological advantage, otherwies we are screwed since way too degenerated after so much capitalist growth.
http://www.cdc.gov/obesity/causes/economics.html
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04-21-2011, 11:29 PM
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#7
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obviously cosmoknot
Join Date: Jan 2010
Location: where people who don't approve of hiding war crimes go
Age: 22
Posts: 9,600
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Quote:
Originally Posted by midgardsun
They wouldnt hurt us- Im not sure but Im sure that we will hurt them as long as we have the weapons technological advantage, otherwies we are screwed since way too degenerated after so much capitalist growth.
http://www.cdc.gov/obesity/causes/economics.html |
US? tech edge on china?
lol.
They MAKE our tech. We MIGHT have air supiority over them, and that's IT. They have badass subs, infinite people, fucking nukes...
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RIP cosmoknot.
Quote:
Originally Posted by tuesdaystar
Let them eat acid!
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10-10-2010, 05:49 AM
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#8
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Senior Member
Join Date: Apr 2007
Location: midgard
Posts: 3,004
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10-10-2010, 06:10 AM
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#9
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Slightly Popular
Join Date: May 2008
Location: Leicester, England
Posts: 17,699
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Quote:
Originally Posted by midgardsun
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Don't devalue your rather nice thread with this type of trash.
Infowars? seriously? Isn't that sooo 2005?
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Quote:
Originally Posted by odon
I think the thread is about dreadlocks. Maybe fashion and crafts. Lets presume all three. Let's go there, people.
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