The Great Game Changer: Belt and Road Intiative (BRI; OBOR)

[VCheng]

..................Although the US $ has been inflated in price since the 80s if not before US has aggressively resisted attempts to trade oil in any other currency except dollar. How long can it continue like this remains to be seen, but I dont see it continuing for long. ...................
Araz

USA will do its utmost, and quite successfully too, for the foreseeable future to ensure that oil continues to be denominated in dollars. Recession or not, as long as its economy can support it overwhelming military advanatages, that shall remain so.

 

[Madmen]

USA is the best

---------- Post added at 05:19 PM ---------- Previous post was at 05:17 PM ----------

Russia is an evil country, Russia is our enemy as such and not specific malicious rascals on the throne, and not even a specific sociopolitical structure. Russia is and will remain the Evil under all regimes and rulers.

Hey buddy this isn't a hate forum for that goto godlikeproduction.com the ppl over there will be more to your liking.

 

[Obambam]

Because the Chinese just got their ***** handed to them by the US, and the PM had to make a public statement to allow RMB to rise to pacify the US or face a trade war, sending china back to Mao age




No wonder, you even copy American pictures in your dumb effort to make a point

Sayeth the one living in a country with ever creeping poverty rate and uncertain future economic outlook? No one needs to make any point, you are already making a fool out of yourself by being dumb and ignorant

 

[regular]

Can we blame the Afghan war for this fail?

Yes! U absolutely right my brother....They got themselves screwedup in Afghanistan Big Big Time......

 

[HongWu]

USA will do its utmost, and quite successfully too, for the foreseeable future to ensure that oil continues to be denominated in dollars. Recession or not, as long as its economy can support it overwhelming military advanatages, that shall remain so.

You are correct that US dollar hegemony is built on military power able to coerce oil producing countries into trading oil in US dollars. However, you are incorrect in believing that US has overwhelming military advantages carrying decades into the future. This is a mere illusion created when the USSR collapsed and USA began to attack smaller countries with impunity (Afghanistan, Iraq, Libya, etc.).

In fact, the economic fundamentals are turning against USA sharply. China is surpassing Russia in military technology and closing in on the US lead. China is only about 15-20 years (1 or 2 generations) behind US military advances.

The US dollar is keeping afloat purely on the expectation of US military dominance. The moment the US loses a military conflict, against China, Russia, Iran, Pakistan, North Korea or whoever, the whole system comes tumbling down.... and the world enters a new era free from a dominating, blood-sucking Wall Street imperialist apparatus backed up by US military aggression and drone assassinations.

 

[lem34]

The reason I did not recommend that is the frailty of the Euro. We have some really difficult times ahead of us.
Araz

exclude euro from basket or have smaller weighting to euro? simply present collapse is not a recession in the usual fashion. Its a systemic failure. Capitalism (or western capitalism free for all) contrary to american and western assertions has failed as much as communism. The present western countries are just putting plasters on a hemorrhaging economy. Perhaps Chinese model is best?

 

[VCheng]

.....................

In fact, the economic fundamentals are turning against USA sharply. China is surpassing Russia in military technology and closing in on the US lead. China is only about 15-20 years (1 or 2 generations) behind US military advances.

.........................

The US economy will rebound, and strongly at that, within a few years, and 20 years is a lifetime in military terms. Both the US economy and its military will hold sway for the foreseeable future. Even if China matches US might eventually, there will never be a direct conflict but wars by proxy similar to the Cold War.

 

[AZADPAKISTAN2009]

New Jobs created in USA in Last 12 months

a) Bankruptcy clerk
b) Debt Collectors
c) Under Taker
d) Spin Doctor Technologist
e) Politician
f) News reporter
g) background check analyst : to check if you were in army and keep you unemployed

Views from Developed Nation "AMERICAN DREAM"

In 1995-2000, USA had 2-3 Trillion Surplus , every month or yearly quarter a 200-300 Billion surplus, enough to give a pay check of 50,000USD to every American child and adult so they can buy Life Insurance, Education funding etc and still have 1.5 trillion left

>Health Insurance cost 100$/ month easily all Americans would have bought health insurance for
50,000 USD check from government

>Children would have gone to college , with 50,000 check

> 50,000 USD check could have been used as saving accounts in 10 years it would have doubled up to 70,000 USD for people

Alas...... Dick Chaney & Rums field and the Witch tsk tsk tsk


But a certain lobby wanted War and going into meaningless wars in Iraq and Afghanistan and now ... we see the end in sight

Reference:
http://articles.cnn.com/2000-09-27/...onal-debt-fiscal-discipline?_s=PM:ALLPOLITICS

LISTEN CAREFULLY TO WHAT CLINTON SAID ABOUT BUDGET AND SURPLUSES AND WHAT HE WARNED ...BUT .... War mongers don't listen ...just chilling listening to this video just chilling feeling

 

[VCheng]

^^^

Wait, IT IS!

None of this is true.

In 1995-2000, USA had 2-3 Trillion Surplus , every month or yearly quarter a 200-300 Billion surplus, enough to give a pay check of 50,000USD to every American child and adult so they can buy Life Insurance, Education funding etc and still have 1.5 trillion left

...............
But a certain lobby wanted War and going into meaningless wars in Iraq and Afghanistan and now ... we see the end in sight

 

[AZADPAKISTAN2009]

Hear Bill Clinton`s speech farewell speech , 2000 , and towards end he talks about his Surplus how he turned America into a Surplus nation ... thank you

Focus on video min 1:50 onward

MORE SPECIFICALLY min 3:00 on he claims USA will be DEBT FREE ..in next 10 years , in 2000 he stated it as he was leaving office ...that USA will be free never had USA been free since 1835!!! but now it will be debt free!!!

WOW ... what a difference a poor 4-6 years of mismanagement can do

I sometimes wonder who is this HIGHER POWER THAT usa was paying debt to SATAN

 

[VCheng]

Hear Bill Clinton`s speech farewell speech , 2000 , and towards end he talks about his Surplus how he turned America into a Surplus nation ... thank you

Focus on video min 1:50 onward

Mere political posturing from over a decade ago is pointless and useless.

 

[Farooq]

These chinese guys are so naive to believe whatever lies their Party feeds them. You guys should really read from what the free world has to say to open your eyes to the reality.

If you did so you will find out that China's own currency is worthless and needs to be pegged to the dollar to derive its value. I am sure you noobs didnt know this and are jumping with joy dreaming about dollars collapse. Before you wish for that, make sure to ask the dear Party to assign some real value to Chinese peoples holdings, unless you wanna go back and live like a sick man again.

Oh wait!!! The assets of Chinas banks aren't owned by the Chinese, they belong to the party, just like the army isn't chinas, its the partys army

I don't think anyone is 'dreaming' about a collapsed dollar.

However, the truth is that once the US is no loner the reserve currency it will be the inevitable downfall of the dollar.

 

[AZADPAKISTAN2009]

Why do people used dollar anyways ?

Its value is not guaranteed and we all know it can go down to worth being 1 penny with in 2-3 days

GOLD DIRHAM is the future as envisioned by Gadafi

 

[HongWu]

The US economy will rebound, and strongly at that, within a few years, and 20 years is a lifetime in military terms. Both the US economy and its military will hold sway for the foreseeable future. Even if China matches US might eventually, there will never be a direct conflict but wars by proxy similar to the Cold War.

And exactly how will the US economy rebound? It's only getting worse and worse.

The only way I see US rebounding is by fighting and winning another war, against Syria, Iran, North Korea, China or Russia. But can the US really win against these countries the same way as against Libya?

20 years is not a long time. China has equivalent to 1991 Desert Storm-era US military technology. Powerful enough to be second in the world, backed up by second biggest economy in the world (eventually will become first). China and Russia together can contain US expansion designs in Afghanistan, Middle East, Southeast Asia and Africa.

 

[VCheng]

And exactly how will the US economy rebound? It's only getting worse and worse.

The only way I see US rebounding is by fighting and winning another war, against Syria, Iran, North Korea, China or Russia. But can the US really win against these countries the same way as against Libya?

20 years is not a long time. China has equivalent to 1991 Desert Storm-era US military technology. Powerful enough to be second in the world, backed up by second biggest economy in the world (eventually will become first). China and Russia together can contain US expansion designs in Afghanistan, Middle East, Southeast Asia and Africa.

Let see!