Posted on 07/23/2014 11:57:11 AM PDT by Tailgunner Joe
The United States GDP per capita is over 50,000.
My point is that while the decline of the dollar may hurt the USA, it doesn’t help Russia.
“How can you say that in America people aren’t kept in the dark?”
What did I just say? I said the Russian people are kept n the dark and fed BS even worse than the American public.
What difference does it make? Being kept in the dark is being kept in the dark. No matter who does it.
Uh Okaaay. Stop now while I’m still agreeing with you. :-)
Kerry Makes Yet Another Dangerous Rush to Judgment (Malaysian flight MH17)
http://www.freerepublic.com/focus/f-news/3183835/posts
Probably not directly....no...but it will harm our imports and that indirectly will change the face of the global economy. The reason being disposable income will fall in the US.
Not sure what it would do to the exports. With a cheap dollar, should increase but there are a lot of related affects.
But the worst of the effects will be that interest rates will rise accordingly, and the government and it’s states with a lot of debt will no longer be able to meet it’s obligations. The interest will be difficult to pay, much less the principle. All it would take would be 4-6 percent.
This will affect all of the social welfare outlays.
That in turn will affect the society that we have built here, which is majority dependent on government, and I don’t see us surviving it in one piece.
“Be prepared”...said the boy scout....
Yes, I agree $15,000 is not much.
But, I was trying to make the point that, nationally, China lives a lot closer to privation and bankruptcy than Russia does.
Russia, by the way, is almost completely self-sufficient in food, raw materials, and energy.
China is not.
“Access to global capital markets” tells it all about people like Soros and the Rothchilds and other world bankers to get Russia into their ‘new world order’ for control of the Western world. Putin like the Czars of old wants Russian political/governmental independence. It is a pity that Putin and the Russians are doing government like was brought to Russia by the likes of communists Marx, Engels, and Lenin paid by the Rothcild bank money.
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