Foreign Weapons and Obscure Builds V3

Howard Law

Miles

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I spent $300 on canned chicken and tuna yesterday.
Veggies I can grow. Proteins are harder.
If current behavior with sanctions against Russia continues (we are about to sanction India and China over Russia too), I give 6 months to a year before USD stops being a world's reserve currency..
You heard it here first.
 

dial1911

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Veggies I can grow. Proteins are harder.
If current behavior with sanctions against Russia continues (we are about to sanction India and China over Russia too), I give 6 months to a year before USD stops being a world's reserve currency..
You heard it here first.

Sad face, but I'm not saying you're wrong.

Unbelievable budget deficits lead to unbelievable wars.
 

Miles

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Sad face, but I'm not saying you're wrong.

Unbelievable budget deficits lead to unbelievable wars.
And Saudies refused to take Biden's calls. And started to sell oil to the Chinese for Yuans.
Plants in Italy, Germany, UK are shutting down. They cannot afford to pay for electricity and natural gas.
France and Germany are talking about issuing food rationing coupons.
 

dial1911

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Agreed. Also basic herd/pack behavior. When the alpha shows signs of age/weakness/sickness, challengers step up.

Despite what so many want to believe, there has always been a dominant sociopolitical group in every region. Modern technology makes the region bigger so someone will dominate the world economy & provide a reserve currency.

The idealists who think countries will meet & talk about this & all get along are in for some painful lessons in the next few years, I fear.

Yeah, powerful people rarely meet and talk over small things. And those meetings rarely end well for common folk.

Look at me furthering their agenda. Panic not, but always prepare.
 

lesptr

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Hayata

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So if the yuan becomes the world's reserve currency what happens to all the doll hairs we owe China for buying our bonds? Does that debt go away? Smidge over a trillion doll hairs. About 4% of US debt.

Thanks @Chainsaw - could have gone all day w/o seeing that.
 

3x

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So if the yuan becomes the world's reserve currency what happens to all the doll hairs we owe China for buying our bonds? Does that debt go away? Smidge over a trillion doll hairs. About 4% of US debt.

Thanks @Chainsaw - could have gone all day w/o seeing that.
Basically yes. But we are taking on new debt even faster. If we implode, so does China.