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Originally posted by kwakakev
reply to post by thoughtsfull
I agree that there is a lot of tension in the international money markets. The EU is going through a lot of issues and trying to stop the ship sinking. I see a lot of problems are due to the way money is created, distributed and managed. This has generally been kept in very small circles with limited peer oversight and subject to conflicts of interest. It looks like Russia is doing a lot better these days after going through a painful transition from a communist to a capitalist system, but still has some problems like everyone else.
The UN has been through a lot of heavy discussions over the years as there have been many complex global issues to sort out since its conception. It is quite a unique system of governance which has been gradually improving with better checks and balances. At the end of the day the diplomats and others who work there all want to go home to a nice and safe family life.
I hope tho that this time around they might be able to talk things through and resolve the changes to come without it leading to bloodshed.
Originally posted by stigup
But once all these currencies fail it will be hard times for us, but think of the light at the end of the tunnel. We can actually stop slaving for worthless paper and get back to living our lives! The system is broke and it's just one giant ponzi scheme.
These banks control and manipulate markets
Originally posted by loagun
Originally posted by Nephalim
reply to post by FlyingJadeDragon
Great, this means we wont have "made in China" all over everything anymore.
ofcourse you will Nephalim, what? do you think everything you own that says 'made in China' is going to magically change it's stamp to read another country? besides all the Made in China stuff are going to be the last things America could afford so you better cherish it.
Originally posted by Gakus
You do realize China depends far more on America than we do them, correct?
All we expect from them is IMPORTS they rely heavily on their EXPORTS to America to sustain their own economy.