Poster Comment:
Russia will no longer accept US Dollars as collateral for a loan. At 7 minutes. Other BRICS nations will follow suit. US Dollar will approach zero value.
| Source: | https://www.youtube.com/watch?v=CNQxwdBIhYk |
| Published: | Aug 28, 2022 |
| Author: | Dave Dubyne |
| Post Date: | 2022-08-28 13:48:45 by Horse |
| Views: | 343 |
Poster Comment:
Russia will no longer accept US Dollars as collateral for a loan. At 7 minutes. Other BRICS nations will follow suit. US Dollar will approach zero value.
#1: Esso To: Horse, 4um (#0)
It's been doing that since 1913. The dollar isn't doing as bad as the Euro has been with their great love of the Jookrainians.
I think the ruble is doing OK, though.
Esso posted on 2022-08-28 14:21:50 Reply Private Reply
#2: BTP Holdings To: Horse (#0)
What is on the horizon will be similar to that of the German Mark during Weimar Germany when you needed a wheelbarrow full of Marks to buy a loaf of bread. That is if you can find the bread to begin with because everything moves by truck and trucks need diesel fuel to operate. We do not have neighborhood bakeries any longer. ;)
BTP Holdings posted on 2022-08-28 14:37:54 Reply Private Reply
#3: BTP Holdings To: Esso (#1)
Woodrow Wilson stabbed us all in the back when the Federal Reserve Act was passed just before the Christmas holidays when most of the members of Congress had left town for the holidays.
If you check online, you will find the Dollar has lost 92% to 98% of its value depending on which site you look at. ;)
BTP Holdings posted on 2022-08-28 14:43:31 Reply Private Reply