Exciting
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

While America is busy with witch hunts, the way towards a multipolar world goes on

This page is a permanent link to the reply below and its nested replies. See all post replies »
SarahC · F
Unfortunately you don’t know anything about economics. It’s not how it works, China doesn’t have the ability to become a vehicle currency for a lot of reasons. Do you really think third world countries get to change the world order…
Cierzo · M
@SarahC You sound like a blind conceited American who thinks we are still living in the 1980s. It is not about the yuan replacing the US dollar. It is about local currencies doing it. It would be even better if it was gold.
SarahC · F
@Cierzo I am not an American. And you’re living in the 1930s if you think gold is better, can’t you read that every economist says how it wasn’t working, had contagion effects and made crises a lot worse. Also, you need a vehicle currency for international transactions and as a store of value. And it has to be from a respectable country, not Brazil.
Confined · 56-60, M
@SarahC This topic has been taught to us in school since the 8th grade. If the dollar is not the dominate currancey around the world, the US economy will fail, and we will be no better then eithopia. It will have devistating consequences for the United states and even most of Europe.
SarahC · F
@Confined That’s not true, there are even economists that argue that the exorbitant privilege is not worth it. The level of the economy is given by technology, and so all these countries like China, Russia, Brazil etc. cannot be comparable.
Confined · 56-60, M
@SarahC Wrong!

But if we go to all digital currancy like the globalists want, it will not matter any more,,,,we will be One communist planet. One currancy, one govt.
SarahC · F
@Confined Those are conspiracy theories, I am referring to realistic ideas from people that know what they are talking about.
Confined · 56-60, M
@SarahC What rock have you been living under??????????????
SarahC · F
@Confined Try meeting up with a psychiatrist, would do you a lot of good.
Cierzo · M
@SarahC What is a respectable country? A country that sends its army to kill foreign leaders that refuse to use its currecy any longet, like Gaddafi or Hussein?
SarahC · F
@Cierzo Don’t know where you got that from, but it’s unlikely to be the case. Nobody would have cared about Gaddafi or taken him seriously, he was a clown. He just had issues with suppressing rebellion in his country like most authoritarians. But countries need to portray stability and have a credible financial system, communication, central bank etc. And only 2 options are the USD and the euro, but the first is used for historical reasons. You can even see that some countries from Latin America use the dollar instead of their own currency. It’s the new version of gold, something you can be sure to be relatively stable. Very much not the case with the countries you mentioned, most of them being a joke economically