What channce tha dollar now ? Will this mean the End of the American Way ?

Answers:1   |   LastUpdateAt:2012-10-11 09:10:03  

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* The dollar is plummeting and oil is soaring now . MedlinePlus MedlinePlus * China is in an economic war with the U.S. you are about to slap heavy taxes on all Chinese imports . China , in response , has threatened and dump their huge (billions ) of dollars . Currency markets will become flooded dollars so its value falls further. MedlinePlus MedlinePlus * Countries like China , Russia , Japan , Kuwait , Venezuela , Brazil , Sudan , etc have decoupled their currencies to the dollar. The dollar plummets again. Greenspan recently advised all Gulf states decouple the dollar ME . Greenspan is a communist , then? OPEC , perhaps ? MedlinePlus MedlinePlus * Countries such as Russia , India , China , Venezuela , Argentina , Brazil , etc are already negotiating oil and other commodities ( grains , metals ) in euros , yen - nothing more than the dollar useless MedlinePlus . MedlinePlus Any idea ?
Answer1BlithAnswered at 2012-10-11 09:09:25
It depends on us. It makes sense to decouple the dollar at this time due to inflation and a possible recession . The scary thing is to see a large percentage of the protection of the population and the labor demand of equal pay . Those things are great , but historically the U.S. population has been innovative and dedicated enough to provide those things without government support . That innovation and dedication are what keeps the strong growth of the economy and the dollar . For example , what is our response to high oil prices? Take it to the government or to create a new technology that makes oil prices irrelevant - and then leverage this technology around the world (such as automobiles , electronics and computers ) . MedlinePlus MedlinePlus Furthermore , in order to compete with the euro will probably have a North American currency in 10 years . MedlinePlus MedlinePlus Before following the demise of the United States realize that the fall of the U.S. economy result in the collapse of any economy and a World depretion . MedlinePlus MedlinePlus Also, things are no different this time . That's what everyone says whenever there is an economic downturn . The oil will be irrelevant before the fall of the U.S. economy .
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