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Originally Posted by joe tayyar  I also doubt that but what i meant here before every WW there was an economic crisis.
in WW2 the german D Mark was sold on the 3arabiyet, in the future we will see $$$$$$ sold the same way |
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Originally Posted by J. Abizeid That’s a fact. Unfortunately some get offended when you expose the US dollar as a scam. After WW2, the dollar became strong because the US emerged as the number one industrialized nation. The dollar used to be fully backed by gold until the seventies when it became backed by oil (black gold) through the petrodollar system acting as if oil was a US production sold only in US monopoly money. For the last forty years, practically, Americans needed not to work and produce. All they needed to do print money and create wealth out of thin air while China, Japan, Europe and the rest of the oil consuming and manufacturing world produced their best crop (computers, Toyota’s, BMWs…) and gave it to the US market in exchange for those counterfeit petrodollars. The next decade will prove the new world order that Bush Senior envisioned blew up in his face. The next emerging empire won’t be China though, but the EU (The USE) through its solid euro (The Deutche Mark in disguise). The only thing I hate to see is another Hitler showing up… |
ouhhhh very messy historical chronology
and lots of conclusions dropping from the sky!!!
Joe Tayyar:
I noticed you still remember the picture from our history books of the old german guy carying the money on a trolley, but that was in 1929, the war started one decade after. and even if it was one of the reasons hitler got to power, its not why europe decided to blow itself up.
Abizeid:
I agree China is not that powerful by itself, China will always need the USA and Europe's market. But i doubt EU would be an empire one day... the mess in europe today is huge, nothing is working out as planned. and the rise of the EURO is not a good sign of health.