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Thread: China Threatens "Nuclear Option" of Dollar Sales

  1. #11
    Senior Member Galloglaich's Avatar
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    Quote Originally Posted by Boche View Post
    Thread already exists:

    http://forums.skadi.net/showthread.php?t=412


    My opinion can be read there - maybe a Moderator should move my post into this thread.




    Gruß,
    Boche
    Thanks, Boche. I looked for it, (but apparently not well enough). Perhaps a mod should move it. My apologies.

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    Senior Member Ægir's Avatar
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    Quote Originally Posted by SwordOfTheVistula View Post
    I think real estate/land would be better in an economic downturn than gold or silver. Real estate/land fulfills 2 basic needs of people, shelter (homes) and food (growing crops/gardens). Not only would your own needs be certain to be satisfied but they would supply a source of income. Gold and silver on the other hand are good hedges against inflation but have not much practical value, if the economy collapses you will have a much easier time trading food or collecting rent for the items you need than trading gold or silver for it
    I think that is true to an extent. You must have some land…but land need be land not just mere property. For example with a few dozen or more acres in the country you can feed yourself…but with a little land in the city…well you will have nothing and if you do you will need weapons to defend it. I think that it is good to have access to land, but a little gold and silver are useful as items of exchange if for no other reason than habit. If you are going to invest in land do so for survival purposes not for economic gain as current rates of appreciation will not continue indefinitely. Just look at the middle ages for example when the black death came through…if that happened today there would be a rapid deflation concerning the value of both city properties and bulk land. Gold and silver would be worth more in that situation than now so gold and silver can buy you the land to feed yourself on.
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  3. #13
    Senior Member Outdoorsman's Avatar
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    It is difficult to reliably predict how things will turn out. Just shore up your bets. Be prepared. Be smart, but be balanced in your approach.

    I know of a guy who is buying bicycles left and right and parking them in a barn, absolutely convinced that there will be no other transportation except bicycles after things tank. That's just going too far. I can only imagine what his family would think when they open the barn doors after he dies. "Holy Wheels!"

    Prepare in a balanced fashion and don't forget live your life and have fun.

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    Senior Member DreamWalker's Avatar
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    Quote Originally Posted by SwordOfTheVistula View Post
    I think real estate/land would be better in an economic downturn than gold or silver. Real estate/land fulfills 2 basic needs of people, shelter (homes) and food (growing crops/gardens). Not only would your own needs be certain to be satisfied but they would supply a source of income. Gold and silver on the other hand are good hedges against inflation but have not much practical value, if the economy collapses you will have a much easier time trading food or collecting rent for the items you need than trading gold or silver for it
    I agree, I have had gold and silver in the past and may have small amounts again, but in a really serious downturn, starving desperate people do not care about gold and silver, they want food. I think other metals are more valuable, namely, steel, brass, and lead, the steel in your firearms and the brass cases and lead projectiles of your cartridges to defend yourself and hunt game.
    http://northwestfront.org/

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    I would say this is a very likely possibility...if one day China was feeling suicidal

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    Chinese threat to dump U.S. treasuries is elephant in room of U.S./China trade war


    The U.S./Chinese trade war that took most pundits by surprise is actually the result of an agreement between Eastern and Western secret societies to permanently rid the world of the Zionist menace, multiple sources agree. The other thing to note is that Western, especially American, media are ignoring the trade war elephant in the room—the threat by China and the rest of the world to dump U.S. Treasury holdings and thus formally bankrupt the U.S. Corporation.


    Let’s step back a minute and look at why the world wants to bankrupt the corporate U.S. government and force a regime change there.


    Ever since George Bush Jr.’s handlers stole the election in the year 2000 and staged 9/11, the Zionist (Khazarian) mafia-controlled U.S. regime has spent trillions of dollars on never-ending war. This same regime, and its evil twin Israel, have created terrorist organizations like Al Qaeda and Daesh to perpetuate this war. This same regime has been actively trying to kill 90% of the world’s population with bioweapons, starvation, nuclear war, and now 5G microwave technology. The latest sign of how antisocial this regime is came last week when 187 countries, with the sole exception of the U.S., agreed to stop dumping toxic plastic into the oceans.


    The Chinese used to support this endless warmongering and murder by buying U.S. Treasury bonds, until they realized they were paying the Americans to kill them. They thus decided to take their dollars elsewhere and spend them on helping the planet, and the multi-trillion-dollar Belt and Road Initiative is an example. Now suddenly the Zionist controllers of the Washington, D.C. regime are realizing their US$800 billion dollar per year trade deficit and US$ trillion dollar per year budget deficit are endangering the survival of their regime.


    The budget deficit is being covered up by accounting tricks (such as the Feds using proxies to buy their own bonds), but the trade deficit is another matter. It is based on real stuff in the real world and cannot be covered up with accounting tricks forever. As the saying goes, “You can avoid reality for a certain amount of time, but eventually it has a way of catching up with you.”


    In an attempt to fix the problem, U.S. President Donald Trump asked the Chinese to buy a “trillion dollars” worth of American stuff. The Chinese rationally responded that the U.S. does not have that amount of “stuff” to sell even if they wanted to. Now, the Trump plan to use tariffs to fix the trade deficit is going to be a tax on U.S. consumers and will not help the U.S. economy become competitive. That’s because the so-called U.S. dollar is too expensive, but the Americans cannot devalue it in order to make their exports competitive because the “U.S. dollar” is not an American currency. It is owned by European and Asian royals, together with international oligarchs, who do not want it to lose value.


    On the other hand, if the U.S. government started issuing its own currency, say worth half what a U.S. dollar is now worth, U.S. consumers would still pay more for Chinese imports just as they would with tariffs, but this time U.S. exports would be competitive. The U.S. government could then spend as many trillions of, let’s say, greenbacks, as it wanted to in order to fix its domestic infrastructure, etc.


    The main drawback is that the U.S. military could no longer afford to be guarding corporate interests at its 800 or so locations around the world. That’s why the White Dragon Society (WDS), Asian secret societies, the British Commonwealth, and others are proposing an alternative. This would involve replacing the entire political structure in Washington, D.C. with competent new people. The current system is so corrupt with its fake elections and bribed and blackmailed politicians that it is beyond reform.


    However, the U.S. is full of competent and honest people who ran into a glass ceiling in the current system because they were immune to Zionist bribery and blackmail. These are the people who would rebuild a debt-free Republic of the United States of America. In such a scenario, the multi-polar world would pool its resources to transform the U.S. military-industrial complex into a benevolent force for planetary protection and space exploration.


    Okay, now let’s finally get to the breaking news of the past week. The biggest news from last week is that newly installed Japanese Emperor Naruhito issued coded calls for help, according to British royal family sources. The cry for help was conveyed through “neuro-linguistic programming” in a brief speech the Emperor made, the sources say. He used “a certain combination of words written in a certain style and embedded with wordings and other devices” to let the world know the Imperial Family was being attacked, the sources say. The attacks were carried out by …


    Benjamin Fulford - Chinese threat to dump U.S. treasuries is elephant in room of U.S./China trade war 14 May 2019.



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    Senior Member SaxonPagan's Avatar
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    Seems like that old Chinese curse: "may you live in interesting times" is being fulfilled - by courtesy of the Chinks themselves!

    Mind you, the OP is nearly 12 years old so they're certainly taking their time about it

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