Ahead of his visit to Washington this week, China's president calls the present U.S. dollar-dominated currency system a 'product of the past' and highlights moves to turn the yuan into a global currency.
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6 comments:
He comes to our country and gets in our face and insults us. Another example of what a disgrace this country has become!
Well here are the fruits of all those wonderful trade agreements our government passed. Nafta, Cafta, and Gatt. Not to mention the insourcing and outsourcing of our jobs to foreign governments that offer cheap labor at slave wages! Is globalism working for you? Seems like we didn't learn from history. Look at what happen to the British?
I now look for run away inflation and extremely high gas and food prices. I for one will be growing a garden this year. I only hope I will be able to hold on to my job.
I'm sure our government and media will downplay this turn of events.
Still think Wal-Mart is your friend.
China, the worlds next (and possibly ONLY) superpower is pretty much telling the USA that we are history's scraps. They are the big guy on the block and we better get used to it (or else). Their blue-water nuclear navy will be enforcing their will in the Pacific within the next 3-5 years. Backed by their surprisingly advanced Air Force (with the latest and greatest space/sattelite capabilities). And now, they are on the cusp of making our dollar essentially second rate currency. We should be VERY afraid. Wait til our groceries and energy triple (or more) in price. Our "leaders" keep telling the world what bad people we are and how we have oppressed and enslaved and persecuted the world. Wait til China starts working it's will --- you ain't seen oppressed and enslaved yet. Look what China does to Christians and Muslims now. And dissenters. They won't invade us....they'll just turn us into a hyper-inflated third world has-been nation. And I'm sure our politicians will wring their hands and tell us (like Jimmy Carter did) that we are no longer the great nation we used to be.
The US Dollar is complete and utter trash. Period.
The international banking elite of the Federal Reserve have sold us down the river without a paddle.
That video you put up last week warned that this would happen. It also warned that if it did, hyper inflation would follow and then economic collapse. The truth is all around us. The coming events are as plain as day. We had better prepare. The 5 pillars. Food, water, communications, medical, and security. Make sure you have them all. You can't do it alone. Get your family involved. Get your friends involved. This doesn't mean you have to join some militia group. Prepare for your survival and for that of your family's. The government can't even pay it's bills. They won't be able to provide for you. We have to do this for ourselves. Wake up.
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