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The Inevitable Collapse of the Dollar


Business  (tags: Americans are living beyond their means )

Scott
- 600 days ago - youtube.com
Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst
Comments

Scott Shaubel (816)
Sunday April 6, 2008, 6:37 am

Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst
 

Eternal Optimist (115)
Sunday April 6, 2008, 8:01 am
Noted with thanks Scott :)
 

Mary Zoglio (169)
Sunday April 6, 2008, 1:37 pm
noted,thanks
 

Barry Seth (118)
Sunday April 6, 2008, 1:38 pm
You can already see the bubble beginning to burst with prices for groceries already exceeding many people's weekly paycheck. Some of my friends are in the "upper crust" of the middle class/low end of the elites, and for them to say something about prices tells you prices are out of wack!!
 

Maria Teresa Soares (94)
Sunday April 6, 2008, 2:20 pm
Portuguese are living beyond their means too. The crisis is installed in my country. 8% of unemployment, as instance.
 

Aletta Kraan (31)
Sunday April 6, 2008, 2:37 pm
noted , thanks
 

Dave Kane (144)
Sunday April 6, 2008, 4:08 pm
The repugs are doing all they can to keep this leaking boat afloat until the Dems are voted in. Then they will say "Look what the Democrats have done to our wonderful economy" and many will believe them.
 

Barry Seth (118)
Sunday April 6, 2008, 5:41 pm
Actually our dollar started to decline when Nixon took us off the gold standard. Now there has been talk of oil being bought and sold in some other currency besides the US dollar. That was said to take place in March of 2007. Here is another interesting U-Tube video on the subject:

http://www.youtube.com/watch?v=4n3g5lUgkWk&feature=related
 

Roseann Dudrick (70)
Sunday April 6, 2008, 7:08 pm
Here comes the Amero - perfectly positioned to save the economy and force it's acceptance because we'll have no choice.
 

Michelle Neubert (1)
Sunday April 6, 2008, 7:31 pm
Since bush took the presidency office -- the dollar has lost 40% of its buying power, hence inflation and higher cost of oil.
 

Scott Shaubel (816)
Sunday April 6, 2008, 8:36 pm

- -- the dollar has lost 40% of its buying power..

right on Michele, that's the part people don't get.
 

Kathleen R. (1021)
Sunday April 6, 2008, 8:49 pm
We HAVE been in DEpression, not a REcession, all along ~ thanks to Bush & Gang!!!
 
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