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China To Overtake US By 2028; Ushering In Dollar's Demise? (www.zerohedge.com) πŸ–•FUCK CHINAπŸ–•
posted ago by Hotrod132 ago by Hotrod132 +36 / -1
Comments (20)
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MehNahMehNah 5 points ago +5 / -0

The (temporary) displacement of the US dollar as the world's standard won't hurt domestic economies the way it will corrupt foreign ones. China is trying for another conquest that will ultimately collapse, but not after it destroys those it attempts to rule.

It will be exceedingly uncomfortable for a generation or two, but as long as The Constitution is maintained (or returned to) as the fundamental cornerstone of our country, America will save the World. The citizens of other countries have to want it bad enough; there is no copyright on our brand of government.

The CCP controls the Yuan worse than The Fed does the dollar. I'll break with those who think the US should return to The Gold Standard as that is a finite resource that leads to conflict. Granted, Nixon taking us off it lead to the rise of the Petrodollar that quickly wrecked the world economy in the late 70's but we've overcome that.

It's also the reason I think cryptocurrency is a flash in the pan.

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Hotrod132 [S] 3 points ago +3 / -0

Man I was with you all the way until you took the wind out of my sails. My Coinbase account is looking pretty good right now.πŸš‚πŸš‹πŸš‹πŸš‹πŸš‹

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MehNahMehNah 2 points ago +2 / -0

Sorry Fren. Investment comes with risk, you gotta know when to hold 'em and when to fold 'em.

You could always withdraw the $ equivalent down to your initial investment, if you are real concerned go straight to precious metal?

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Hotrod132 [S] 2 points ago +2 / -0

My CoinBase account is real happy right now. If there is a complete collapse even gold will be worthless. It won't keep you warm at night and you can't eat it.πŸš‚πŸš‹πŸš‹πŸš‹πŸš‹

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MehNahMehNah 2 points ago +2 / -0

...buy into a local farm co-op then?

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Hotrod132 [S] 1 point ago +1 / -0

I'm thinking commodeties. I'm thinking stockpile goods. Food blankets water shoes boots tobbaco liquor.The things people need when money is worthless.πŸš‚πŸš‹πŸš‹πŸš‹πŸš‹

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Saunders 5 points ago +5 / -0

Shit our own legislation could do that with spending by 2025

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Hotrod132 [S] 4 points ago +4 / -0

We are under a full scale attack from every angle and Trump is the only thing keeping the US free. I'm prepared to give my life to defend Trump and the rule of law. We really don't have a choice. We can lay down and take it or rise up and put this coup down.πŸš‚πŸš‹πŸš‹πŸš‹πŸš‹

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TheRedPlank 4 points ago +4 / -0

If biden gets in, maybe. China is facing down the barrel of an economic collapse very soon if trump stays in

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deleted 5 points ago +5 / -0
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Drinkup4 2 points ago +2 / -0

I was literally telling my wife yesterday we need to buy some hard assets, that cash is going to lose value with all of these trillion dollar give a ways.

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Hotrod132 [S] 1 point ago +1 / -0

Gold is good but in a complete collapse you can't eat it and it won't keep you warm at night.πŸš‚πŸš‹πŸš‹πŸš‹πŸš‹

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Drinkup4 2 points ago +2 / -0

We are actually looking at building a vacation/retirement home in a town about 30 minutes north of puerto vallarta. It is going to take up a huge chunk of our liquid assets, but it is better than watching them lose value. The house will double in less than 10 years.

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deleted 1 point ago +1 / -0
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Hotrod132 [S] 1 point ago +1 / -0

You might have China mixed up with North Korea.πŸš‚πŸš‹πŸš‹πŸš‹πŸš‹

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deleted 2 points ago +2 / -0
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Hotrod132 [S] 1 point ago +1 / -0

Yeah that's the first I've heard of it. But China is different than here. You just have two classes their. The super rich and the slave class. So rural China is like a third world country.πŸš‚πŸš‹πŸš‹πŸš‹πŸš‹

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deleted 2 points ago +2 / -0
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Hotrod132 [S] 1 point ago +1 / -0

Trump's tariffs sure did put the smack down on them.πŸš‚πŸš‹πŸš‹πŸš‹πŸš‹

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deleted 3 points ago +3 / -0