As financially unsound as we are, seems like a really stupid idea to move from the dollar to the less valuable (and still falling) Ruble. It’s been falling for awhile now, and not because of Ukraine. There is only so far you can go with a Gangster-Russian version of capitalism, and the Chicoms, who are building entire ghost cities where no one even lives, are going to implode eventually soon. We might crash too, but there’s a difference between them and us. Neither have the longevity and the internal strength of the American people, who are not used to being slave-born, but are always up for surpassing ourselves.
Gee, who saw that coming? I mean besides me.
It also allows the Government to run long-term, Progressive, social-engineering schemes WITHIN the USA.
Maybe this is why these countries have been buying gold. It will give some real backing to their money.
There is a very real issue regarding China.
China now produces more than America, according to some estimates.
Chinese production is going straight up.
We are being challenged right now, by a country with five times our population. Yet we continue to buy, and buy, and buy ever more imports.
Nobody seems to be doing a single thing, to support AMERICA.
Both of our parties appear to be completely sold out.
America became great, because America made things.
We need to make things. America needs to bring back manufacturing. We need to make our own stuff.
(rant off)
Good, the rest of the world should also, all Fiat currency is doomed to fail. Bring back the gold/silver standard!