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With the US Dollar weakening will America change to the Ruble or the Renminbi?

MasterLee · 56-60, M
With the democrats becoming weaker will they take up knitting?
LittleCoco · 46-50, F
You made me choke on my tea😊
MasterLee · 56-60, M
@LittleCoco Nice to know I can make you laugh
LittleCoco · 46-50, F
Yes😊@MasterLee
MasterLee · 56-60, M
SW-User
Why would they?
iamharry · 26-30, M
Nope, American dollar will continue to remain global currency at least for now. Personally i think, crypto currencies should be made global currency.Well, Weakened dollar will give boast to manufacturing sector.
USER42 · M
Eventually. Of course. As empires tend to die once the people grow too civilized to identify with the uncivilized nature of how life works.

An power then passes to less civilized people. Though you better hope it passes to China. Alphas always crest law an order. Without them there is chaos.

Right now I'm not sure China can be the world police. They will try. An they will probably fail.
Invisible · 26-30, M
The US dollar will drop off as international trade moves to a global currency run by the IMF in the fourth quarter of this year.
Invisible · 26-30, M
@MasterLee Those five nations have 14.8% voting power currently and they have been gaining ground that puts them above the pace to hit the required 15% for veto power.

The global currency that will be used has already existed for a long time and is currently tied to the USD, among other currencies.

[quote]The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves.
...
The value of the SDR is based on a basket of five major currencies—the US dollar, the euro, the Chinese renminbi (RMB), the Japanese yen, and the British pound sterling.[/quote] http://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR

If they can veto proposals in the IMF, they can refuse our proposals for central bank stimulus that we depend on. These nations have been amassing enormous amounts of gold. If a lack of stimulus crushes the paper currency economy, then they'll end up on top, and they know it.
MasterLee · 56-60, M
@Invisible I debated all this before. I am to tired to do it again.
Invisible · 26-30, M
@MasterLee What's there to debate? That they won't reach 15%? Or that they won't do anything afterwards?
iamharry · 26-30, M
If Trump administration doesn't take any stupid decisions on economic policies then US Economy will rise or China will capture whole world trade.
iamharry · 26-30, M
I don't want to sound like Economists who go predicting future economic environment cause hardly any of their predictions ever turn out to be right. Anyway, You made a good point "NEVER UNDERESTIMATE CHINA".
iamharry · 26-30, M
@MasterLee [Donald Trump:]
"As a example you're CNN. I mean it's story, after story, after story is bad. I won. I won. And the other thing, chaos. There's zero chaos. We are running - this is a fine-tuned machine..."
MasterLee · 56-60, M
LittleCoco · 46-50, F
Gold coins.
nedkelly · 61-69, M
Lowering the US Dollar will increase exports immensely and increase tourism
Dlrannie · 31-35, F
@nedkelly Not if Trumpikins starts a trade war
No, we'll go back to bartering.😊
MasterLee · 56-60, M
@BemyValentine under Hillary we would have had to stock up on farm animals
@MasterLee Yeah! Raise chickens!
Lolz. China money ?
Dlrannie · 31-35, F
@TheSirfurryanimalWales I thought that was one of Trumps nicknames
Goralski · 51-55, M
TJNewton · M
Trumps face will be printed on every currency in the world and then his face will be carved into the moon

 
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