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<blockquote data-quote="BK9954" data-source="post: 1430690" data-attributes="member: 23651"><p>I am aware of the bond market, but if the bonds are worth half or even 1/10th compared to other currencies, who wants it. Its like a crackhead who had borrowed $100,000 from you and 2 others and all he can pay is the money he gets on the corner. </p><p> Read this article, open your eyes, get informed</p><p><a href="https://www.bloomberg.com/news/articles/2009-10-06/oil-not-priced-in-dollars-by-2018-businessweek-business-news-stock-market-and-financial-advice" target="_blank">https://www.bloomberg.com/news/articles ... ial-advice</a></p><p></p><p>One thing holding the dollar up is oil is priced and traded in dollars. You need it. Countries are tired of it. It was a benefit of us winning WW2. Our dominance in the middle east has been to maintain that. We invaded Iraq and had Saddam killed after he said he was going to sell oil in other currencies. Iraq was a dollar war, not oil. The last 8 years we have pulled too many troops out of a VERY unstable middle east and Russia has filled the void. You can lead a horse to water but cant make him drink. The writing is on the wall, read the news, the REAL news. I can send it to you. Get informed. Its the best way to see whats coming. Some just cant believe this great nation could ever come to ruin or disaster but we are heading the way of the Roman Empire. Its our fault as a society, we let it happen, we elected them, did nothing, and good people will suffer along with the deserving.</p></blockquote><p></p>
[QUOTE="BK9954, post: 1430690, member: 23651"] I am aware of the bond market, but if the bonds are worth half or even 1/10th compared to other currencies, who wants it. Its like a crackhead who had borrowed $100,000 from you and 2 others and all he can pay is the money he gets on the corner. Read this article, open your eyes, get informed [url=https://www.bloomberg.com/news/articles/2009-10-06/oil-not-priced-in-dollars-by-2018-businessweek-business-news-stock-market-and-financial-advice]https://www.bloomberg.com/news/articles ... ial-advice[/url] One thing holding the dollar up is oil is priced and traded in dollars. You need it. Countries are tired of it. It was a benefit of us winning WW2. Our dominance in the middle east has been to maintain that. We invaded Iraq and had Saddam killed after he said he was going to sell oil in other currencies. Iraq was a dollar war, not oil. The last 8 years we have pulled too many troops out of a VERY unstable middle east and Russia has filled the void. You can lead a horse to water but cant make him drink. The writing is on the wall, read the news, the REAL news. I can send it to you. Get informed. Its the best way to see whats coming. Some just cant believe this great nation could ever come to ruin or disaster but we are heading the way of the Roman Empire. Its our fault as a society, we let it happen, we elected them, did nothing, and good people will suffer along with the deserving. [/QUOTE]
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