i think some of you have forgotten why america is the wealthiest country in the world......every country on the planet funds their credit. everytime a central bank buy dollars on the open market they are essentially giving money to america to build/buy/finance anything they want.
if they were to piss enough countries off, we would not buy their dollars and effectively bankrupt the country. this has already started. major nations are diversifying their reserves....not just buy dollars, most of europe is now by euro's with a small portion of dollars.
the americans are ***ing themselves...there was an internet article that recently mentioned this....china could effectively bankrupt america if they sold their dollar reserves.....by selling the dollar reserves america has to effectively pay you back as it is a credit lending facility when you purchase any foreign currency. why do you think the dollar has weekened to the euro.....major countries are striking a balance now....america is no longer the god of the world economy.....thats where china and india are going to fit in along with the european union
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