HOW LONG, HOW LOOOONG WILL I SLIDE

Camden Williams
Camden Williams

Friendly reminder that any day now, any month, any year - the US will be removed as the Reserve Currency of the world and when that happens we will not even be able to make the interest payments on our National Debt and it will result in economic collapse unlike anything ever seen before.

I hope you're ready

Liam Lopez
Liam Lopez

Read every word on this piece of paper very carefully; and learn exactly what each word means, and why the words were chosen.

Ayden Walker
Ayden Walker

implying the gold standard exists

Chase Nelson
Chase Nelson

OP,

There is no nice way to say this: you are a stupid fag.

The US can make any interest payment any time, ever, by a wonderful magical thing called Quantitative Easing. There is ZERO risk of the US being unable to make interest payments.

Ethan Ortiz
Ethan Ortiz

didn't read "1928" on bill

Colton Ward
Colton Ward

Nihilist.

Andrew Gomez
Andrew Gomez

usd no longer world currency. every country decides to stop using usd for other. china comes knocking saying PAY ME NOA OR WE TAKE EVERYTHING.

gg no re

Anthony Robinson
Anthony Robinson

the US will be removed as the Reserve Currency of the world
Who's going to do that, OP?

Landon Ortiz
Landon Ortiz

They've been talking about it for quite a while now

You should pay attention

Nicholas Brooks
Nicholas Brooks

Quantitative Easing

this one will catch the low IQ's out

Landon Price
Landon Price

Who is they?

Oliver Cook
Oliver Cook

A report released by the United Nations Conference on Trade and Development in 2010, called for abandoning the U.S. dollar as the single major reserve currency. The report states that the new reserve system should not be based on a single currency or even multiple national currencies but instead permit the emission of international liquidity to create a more stable global financial system.[47][48][49]

Guess who is going to head the UN after his presidency?

Julian Campbell
Julian Campbell

good

people "dont care" about politics their country etc because there is plenty of cheap food and entertainment. they think everything is ok enough and people always support the current leaders when the current leaders keep them fed

When people start going hungry they will wake up. when they wake up they will see how badly our ""leaders"" and the elite have screwed them over.

A crash even a great depression tier crash will be the biggest mass redpilling in recent history. It will be followed by one of the biggest revolutions in history

Will these be shitty hard times? definitely

but if Cred Forums really wants the change it says it does then we should be hoping with all our hope that such a crash happens

from the crash will spring the revolution

no revolution in history has been "comfy" a revolutionary must be prepared for shitty times before he can produce the good times he has desired

this is the biggest redpill: in order for us to take back our lands we must have the current system hit rock bottom

You have your ideas mostly right Cred Forums. Now tell me are you really willing to suffer to see your ideas implemented? if not you at the end of the day are no better than a normie armchair politician and are part of the problem

Jose Cruz
Jose Cruz

you should be asking, who wants to keep it the Dollar. it use to be great and universal, now it's a taboo in many investment circles to trade in dollars since they retain soo little of there value. you can thank you fed for that.

Also, at least 50% of the value of the dollar is based upon the dominance and stability of the US. as soon as civil unrest hits the US expect every nation to stop holding dollar; and they will dump it upon your door step creating major inflation.

youre debt, your change social demographics and lack of spine within the leadership marks the decline of the american empire, it only a matter of years now before you and i witness the decline of such nation, only to be uttered in history books within 100 years.

Eli Gray
Eli Gray

asking who (((they))) are
first day huh?

welcome

Isaac Gonzalez
Isaac Gonzalez

Well fugggg

Gabriel Flores
Gabriel Flores

(((((They)))))

Sebastian Lewis
Sebastian Lewis

changing *

Carter Cook
Carter Cook

as soon as civil unrest hits the US
I don't think this is inevitable.

decline of the american empire, it only a matter of years now before you and i witness the decline of such nation
Maybe.

I think the American Empire is just getting started.

Eyeroll.

Jason Flores
Jason Flores

b.umping for interest

Eli Wood
Eli Wood

Haha I knew China would come up.

Listen up, Zhang. I know this is hard for you to accept because you really really want your tribe to be Number One like it was in an imaginary past that you believe to be historical fact because you are hilariously brainwashed, but the PRC is a fucking Ponzi scheme and everyone who needs to know knows this. Nobody trusts them and nobody is going to begin to trust a police state that does not allow free debate and literally instructs financial journalists to "have positive energy" (i.e. be positive about the economy or it's prison for you).

I am happy to refute any argument you come up with and explain to you why you are wrong.

China has gamed the system to turn its Commie elites in to billionaires and lifted people up from wretched poverty to just plain poverty. The Commies are too greedy, have delayed reform too long and now a Russia-in-the-90s scenario is basically unavoidable.

The glib way to sum it up for normies who will never bother to learn it is:
"If you owe the bank a million Dollars, the bank owns you. If you owe the bank a trillion Dollars, you own the bank".

Kevin Collins
Kevin Collins

we will not even be able to make the interest payments on our National Debt

The debt is still in dollars, it being the reserve standard is irrelevant.

Ayden Brooks
Ayden Brooks

GOLD
SILVER
LEAD
AND LAND

OWN THESE OR YOU OWN NOTHING

Luis Cox
Luis Cox

Any year...

Josiah Collins
Josiah Collins

LEAD
The most important one

you also can obtain the other 3 with lead

Matthew Jackson
Matthew Jackson

I think the American Empire is just getting started.

you'd be surprised how many people in Europe are now fostering an Anti-american sentiment and are opting for pro-european. but don't worry, people here still favour the US.

and as for empire getting started? One can only dream, i hope i am wrong and the US doesn't collapse, but i feel the parallels are there, they almost seem totally unavoidable.

one of the Biggest drains on your economy is:
- Bad currency
- dysgenic negros
- new dysgenic whites (the SJW ect.)
- in tangent with bad currency, it makes the US military budget less effective. If you were to modify your currency in resebalence to china's, the effective spending of $ would triple, allowing you to get more ammo for example for the same price.

Xavier Clark
Xavier Clark

The currency's value comes from its Reserve status

Leo Diaz
Leo Diaz

you fucks are so retarded and nary a one of you truly understand economics. A nation can't simply dump dollars on the U.S.'s doorstep for the outstanding treasury bonds that foreign nations invest in. They are not bearer bonds and can't simply be cashed in until the maturation date.

Brandon Rivera
Brandon Rivera

See here and stfu

Lucas Thomas
Lucas Thomas

nice digits but again you're retarded a U.N. report has zero bearing on reality. The world standard will remain the U.S. dollar for decades if not centuries to come until a nation more powerful than the U.S. arises. The secondary basket reserve currencies mean jack shit and simply a way to make other nations like shitty China that is added this October feel better about themselves

Easton Rogers
Easton Rogers

We are the weak, it is not what we are meant to be it's the lot we choose. Our own weaknesses and pleasures have deceived and misled us, we are on a precipice of a cliff that we only reached because we strayed from the trail.

Nathaniel Walker
Nathaniel Walker

truly understand economics.

i work in a investment bank and have 2 degrees in economics and a master init also. Challenge me.

i'm going to give you a simplified example.

US collapses
Needs $$$
nations, now selling dollars, offer loans to the US to next to nothing on interest rates just to get rid of their under performing capital.
massive acceptance of loans within the US causes inflationary effects as soon as it hits money supply.

Example, the German republic post WW1.

Jaxon Perez
Jaxon Perez

Then we go to war and loot the rest of the world. We still have the biggest military, dumbass.

Anthony Ward
Anthony Ward

QE stops being effective the more you do it. Japan has reached this point already. Europe as well. The US is almost there. You can't QE forever.

Jose Wilson
Jose Wilson

meme response to a serious issue.

Nolan Nguyen
Nolan Nguyen

It isn't the only reserve currency. It will not be removed. You are a faggot, OP.

Benjamin Peterson
Benjamin Peterson

depends on the degree of societal breakdown, either way i've been stockpiling surplus 308 and 7.62x39

Elijah Sanchez
Elijah Sanchez

hurr door it's the internet I'll claim that I'm an expert. Based off your posts you're literally fucking retarded.

John Carter
John Carter

So if it goes down in value its even cheaper to pay back then right? Sounds pretty good.

Angel Richardson
Angel Richardson

it's not a meme response it's literally what would happen after the U.S. government secured all the gold stored within our nation.

Carter Garcia
Carter Garcia

you've used the word retard 3 times already, nice diversity.

but anyway, i have no incentive to lie since i'm wide awake and need to get ready for work soon.

not everyone here role plays, but since you want to be the little bitch you are, how about you provide a coherent counter argument? yes, that will involve thinking if you are capable of such task. i'm doubtful i will get a respose.

Noah Howard
Noah Howard

Being an idiot certainly does not disqualify you from working in finance.

I have a housemate from university who is now working in investments in the UK and he is a fucking retard. A smug retard from a wealthy family who talks a big game, but still a retard.

Your greentext scenario is at best so poorly defined as to be essentially meaningless and at worst the childish fantasies of a guy who is very jelly of America.

Logan Baker
Logan Baker

this thread reminds me of all the other past threads over the last 5 years, referencing youtube morons who think and say the $ will collapse any time now.
The world has to understand (and it does) the $ collapse is the worst thing that could happen to it, the US will never pay back anything and no one can force it too. if they try to corner the USA there will be one hell of a war that no one will win.

Tyler Gonzalez
Tyler Gonzalez

Your greentext scenario is at best so poorly defined as to be essentially meaningless and at worst the childish fantasies of a guy who is very jelly of America.

it can happen and since the financial products are there, it will.

but anyway.

muh mate works at duh bank and hes a RETARD, so therfore yu iz a retard

what do you study?

Jackson Bennett
Jackson Bennett

Indeed.

In the long term, you can not QE indefinitely. Shit will get fucked up.

I was considering writing a longer post in response to OP but what's the point in shadowboxing the possible delusions of a sperglord? Who knows what he may have been trying to say? Who knows what idiotic scenario based upon a Youtube video with 150 hits is in his head?

Better to just point out that in his brief post he had already managed to say something retarded and leave it at that.

Camden Ross
Camden Ross

to what your retardation? If you're claiming to be some financial expert the burden of proof lies on you. Your belief that somehow the dollar is going down anytime soon is laughable. Until the rest of the world combined spends as much as the U.S. does militarily in a single year for starters but realistically for a decade in a row. The U.S. dollar isn't going anywhere and neither is the U.S.

Daniel Lopez
Daniel Lopez

The UK still has investment bankers?

Kayden Nguyen
Kayden Nguyen

If they wont take our dollars we bomb them

Hunter Nelson
Hunter Nelson

Except there's a huge difference between Europe, Japan and the U.S., the U.S. can essentially QE forever as long as we retain being the single defacto reserve currency and maintain the strongest military to back it up.

Joseph Williams
Joseph Williams

What part of my post did you have a difficult time comprehending? I'll break it down for you like a small child.

Jace Johnson
Jace Johnson

AND LAND

Implying you "own" it. You rent it from the government.

Ian Price
Ian Price

Studying two lucrative majors
graduating in 2 yeats
Will be able to pay off debt in 2 years
about to learn how to code
started a garden
getting my FOID card
want to be financially independent
know that money is worthless

How am I doing for the crash? How else can I prepare?

Connor Butler
Connor Butler

You need to link up with like minded people. You can't weather it out on your own.

Jace Sanchez
Jace Sanchez

As if they'll ever let that happen. The US is a powerful nation, itching to topple dictators, European Sultans, and we just need that one final piece to the puzzle to piss EVERYONE off.

Hunter Smith
Hunter Smith

try just living your life. people have been claiming the U.S. and dollar will collapse since at least the 60's. It's yet to happen and if it does there is almost nothing you can do to prepare for it. If the U.S. dollar crashed the world would be in a for hurt the likes of which I don't think even the most pessimistic of us can imagine.

Dominic Wilson
Dominic Wilson

I have my family, and I know one person out here.
I have issue with "like-minded people". The only people I know who are preparing for the happening live states away. Most people I meet IRL are either oblivious or apathetic.

It's ironic how I'm in college, but all of my classmates only know lies.

Sebastian King
Sebastian King

Until the rest of the world combined spends as much as the U.S. does militarily in a single year for starters but realistically for a decade in a row

the naivety on this one is strong.

he believes it's invincible.

i'm sure the king of the British empire felt the same way.

Landon Morgan
Landon Morgan

This would hurt China more than it would help. The only time they would do this is if we actually started to grow again.

Logan Price
Logan Price

No, you can prepare for it. You can defend your land and live off it. You can own precious metals, of ALL varieties (*cough* guns and ammo *cough*). You can surround yourself with good people who will help one another out. You can own wells.

Basically, humans only need a few things. Water. Food. Security. Work. If you can provide those to other humans in need, you will be richer than the wealthiest man in the world.

Ethan Cook
Ethan Cook

Not in our life time. We have the biggest guns and the biggest dick. Look what happened to Qaddafi when he tried making his own currency.

Caleb Rodriguez
Caleb Rodriguez

be trillions in debt
still have #1 economy
a-any day now~~~!!!!!

Cooper Lopez
Cooper Lopez

i'm sure the king of the British empire felt the same way.
I'm sure he did too until he fucked with Americans kek

Sebastian Taylor
Sebastian Taylor

STEM, nigga. Masters degree, full time professional employment and not impressed by your soft science bullshit.

Your scenario is retarded, sorry.

US collapses
Okay... bit of a strong place to start.
..
Needs $$$
Surely in a "collapse" scenario, people are sellinf furniture or killing each other for food, not worrying about the Fiat currency of the collapsed ancien regime?

Fortunately the US has far more food than it needs, at least...

nations, now selling dollars, offer loans to the US
OK this gets stupider now... so the US suddenly collapsed but everyone else is basically OK... despite the US's central role in global finance, the global guarantees of the US military and the countries that depend on our food exports?

And the other countries are not only OK but also now in a position to suddenly dictate terms because the US is apparently still involved in international mega-finance despite, er, having collapsed

...and Dollars are still apparently worth something, even though the US has collapsed...

...and the US is where Dollars come from so they can just print more - if they're collapsed it's probably better to print more rather than let foreigners rip you off selling you your own currency...

...and the US military's power is not a factor...

I agree that there are some mediocre people in terrifyingly important positions of power in the US these days. But the people who built this system are arguably the greatest statesmen ever - their only rivals are Victorian Brits and that's only in relative terms.

The US's position is still extremely strong and there is no realistic rival. The EU could have been but they fucked it up.

Xavier Sullivan
Xavier Sullivan

Want to hear a joke?
National debt.
Want to hear a funnier joke?
Mutually Assured Destruction if anyone tries too hard to collect.

Ryan Murphy
Ryan Murphy

tfw holding crypto
Digix in particular, blockchain sovereign over gold.
good times.

Hudson Reed
Hudson Reed

BREH, you said something retarded.

I pointed out that it was retarded. Just because you have decided to reply to me in a condescending manner does not mean that what you said is no longer retarded. It does not mean that everyone can not see that what you said is retarded.

Congrats on your thread getting more posts than it deserves, though.

Camden Thomas
Camden Thomas

Damn I don't have enough loot if the world goes to shit I guess I'll just be a raider if it happens soon. Protect yourselves faggots

Michael Morris
Michael Morris

it's supposed to be path of light faggot, you must be new and a google if your concern is looting

Jayden Barnes
Jayden Barnes

We use burger dollar as currency in our tiny country. Someone can explain me what's going to happen to us when this occur?

Cameron Flores
Cameron Flores

My body is ready. Judge dred, rwds the happening. Twill be a good time. Got 2 years worth of food stashed and enough arms and ammo to outfit a militia. Cant wait to see the chimps when they cut off gibs and ebit.

Samuel Bennett
Samuel Bennett

No-one knows because no-one gives a shit about your tiny """country"""

William Miller
William Miller

Why so violent user?

Julian Foster
Julian Foster

when that happens we will not even be able to make the interest payments on our National Debt and it will result in economic collapse unlike anything ever seen before.
Yes you will. The US government physically cannot run out of money.

Even if your de-facto reserve currency status was lost, the USA can always pay her debts because we live in a world where the printing press is a thing, and your debts are denominated in USD.

Luke Turner
Luke Turner

The end of Breton Woods was a tragedy, but it's ultimately the USA's fault.

Keyenes proposes an international accounting unit named the Bancor, and a system to manage international balances of trade
USA refuses as they're a net creditor, instead we get Breton Woods with the USD adopting the role as the reserve currency instead of the Bancor
USA hits Triffin Dilemma and has to end Breton Woods
Wages and Productivity almost immediately diverge.

Brayden Russell
Brayden Russell

I am actually totally calm and slightly happy. I was just being mean for no reason ecuabro

Tyler Ward
Tyler Ward

I get it. I would react the same :)

Noah Morris
Noah Morris

Undisputed military champion of the world
Breadbasket of the world
Scientific research capitol of the world
Oil refinery of the world

ITT the rest of the world tells the boss how to do its job

Michael Green
Michael Green

foreign investment in the US will skyrocket and Clintrump will ensure the country goes to the highest bidder. deal with it and never forget what really matters - having a roof to sit under and eat some apples, taking a good shit and having sweet dreams.

Julian Ross
Julian Ross

Fucking Leafs, I swear...

OK Ecuador, I'll try to answer your question.

Do you mean what will happen if the US Dollar - and therefore the entire global financial system - collapses?

IF it happens, nobody knows what will really happen next. It's all hypothetical, but the vast majority of people are probably fucked.

It'd be least-bad in the places that can comfortably feed AND defend themselves... basically, we mean only the US and Russia there.

But, depending on how bad it gets, there's nothing to prevent a breakdown of order in these places, too.

Regions that need to import calories have a good chance of becoming nightmare warzones fast.

To be honest, it's quite unlikely that it will all collapse any time soon. Why? Because every rich fuck and top shot caller on the planet has a vested interest in keeping the world nice and peaceful for the most part.

Cooper Thompson
Cooper Thompson

The end of Breton Woods was a tragedy, but it's ultimately the USA's fault.
actually the true end is France's fault. If they frogs weren't redeeming so many dollars for gold to then take delivery of the gold and sell it for market price versus the $35 an ounce the U.S. held and redeemed at the system would have lasted much longer. But fucking European socialists already had a taste for spending other peoples money back then and Nixon saved the U.S. gold supply by ending convertibility.

Daniel Butler
Daniel Butler

The system would have lasted longer, but it was always going to fail eventually. The Bancor on the other hand could've theoretically lasted indefinitely since there would be no short term "domestic" financial concerns to hamper it's operation as a reserve currency.

Matthew Campbell
Matthew Campbell

Regions that need to import calories have a good chance of becoming nightmare warzones fast.

Well, we don't have any real problem with that because we farm most of our food and we have good soil for plantations.

Anyway, the scenario when the currency collapses in a third world country like mine sounds terrible because we have poor to no heavy industries that can provide essential goods like gas or steel. And there's no chance we can change bananas for fuel

Justin Diaz
Justin Diaz

Every thing is going according to plan. They're going to have to come up with a new word for what I'm doing to the dollar.

Nolan Gomez
Nolan Gomez

also protein

Caleb Jenkins
Caleb Jenkins

Yes, you don't have to be a rich first world economy to be very dependent on fuel now.

I don't know much about South America but it's probably in a better position for the Mad Max scenario than the arid Arab oil kingdoms or insanely overpopulated Asia.

But like I say, all this doomsday stuff is pretty much bullshit as long as there's enough food and water to go around. And if we get to the point where there isn't, whatever "basket of currencies" serves as the global reserve is going to become irrelevant fast.

Anyway I've got work tomorrow so gotta go. Later, Ecuabro

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