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Kim Dotcom: US has to rule world because without reserve currency status they’re bankrupt

Posted on 10/14/22 at 10:28 am
Posted by FlexDawg
Member since Jan 2018
12812 posts
Posted on 10/14/22 at 10:28 am
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 10/14/22 at 10:30 am to
Well if Kim Dotcom says so...
Posted by Indefatigable
Member since Jan 2019
26079 posts
Posted on 10/14/22 at 10:30 am to
China will collapse into a demographic death spiral far sooner than we will. Their population will be shrinking by the late 2030's, which will be the death of their economy.

If they have a play, they're going to be making it within the next decade.
This post was edited on 10/14/22 at 10:31 am
Posted by aubie101
Russia
Member since Nov 2010
3090 posts
Posted on 10/14/22 at 10:31 am to
Well there is some truth in that. We need to maintain the reserve currency, otherwise the US could be in a bit of trouble.
This post was edited on 10/14/22 at 10:32 am
Posted by Indefatigable
Member since Jan 2019
26079 posts
Posted on 10/14/22 at 10:32 am to
quote:

We need to maintain the reserve currency, otherwise the US could be in a bit of trouble.



Everyone would be in a bit of trouble. The US economy wouldn't collapse in a vacuum, it would bring everything else down with it. No one has an incentive to dump the USD reserve currency status.
Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 10/14/22 at 10:33 am to
and with the relative power of the present great powers...

..the USA can do exactly that - rule the world using reserve currency of the top dog

it could be a strength if not for the criminal usurper government currently in DC
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 10/14/22 at 10:35 am to
Yeah, I bet people can't wait to convert to the yuan or rubles. We should ask Kim Dotcom what he's moving his $ into, he seems to know everything.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 10/14/22 at 10:36 am to
quote:

Everyone would be in a bit of trouble. The US economy wouldn't collapse in a vacuum, it would bring everything else down with it. No one has an incentive to dump the USD reserve currency status.


But Kim Dotcom.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421945 posts
Posted on 10/14/22 at 10:41 am to
Yeah well we didn't need Russia to invade Ukraine to prop up the USD. Has anyone looked at global currency markets lately?
Posted by dstone12
Texan
Member since Jan 2007
30099 posts
Posted on 10/14/22 at 11:08 am to
quote:

China will collapse into a demographic death spiral far sooner than we will.


Don’t they have the will and the means to change the proportions of this?
This post was edited on 10/14/22 at 11:09 am
Posted by Indefatigable
Member since Jan 2019
26079 posts
Posted on 10/14/22 at 11:10 am to
quote:

Don’t they have the will and the means to change the proportions of this?


No. They irreparably fricked themselves with the One Child Policy.

The CCP can do lots of things, but they cannot just invent hundreds of millions of babies, and even if they could it would be too late. They need people added at every level of the population pyramid below retirement age. It is projected that China at the end of the century could have its population cut in half from what it is today.
This post was edited on 10/14/22 at 11:13 am
Posted by GumboPot
Member since Mar 2009
118691 posts
Posted on 10/14/22 at 11:13 am to
He is not wrong.
This post was edited on 10/14/22 at 11:40 am
Posted by Placekicker
Florida
Member since Jan 2016
8064 posts
Posted on 10/14/22 at 11:15 am to
quote:

Everyone would be in a bit of trouble. The US economy wouldn't collapse in a vacuum, it would bring everything else down with it. No one has an incentive to dump the USD reserve currency status.


Yep, and the Biden Administration is doing their darndest to make it happen.
Posted by LawLessTyGer
Bay of Ponchartrain
Member since Jan 2009
1256 posts
Posted on 10/14/22 at 11:17 am to
I’m ok with ruling the world, it’s kind of the consequences of winning the last world war.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 10/14/22 at 11:23 am to
quote:

Has anyone looked at global currency markets lately?


Nah, just Kim Dotcom tweets.
Posted by SelaTiger
Member since Aug 2016
17933 posts
Posted on 10/14/22 at 11:26 am to
I’ll have to hear Codemonkeyz’s opinion on the matter.
Posted by THog
Member since Dec 2021
2124 posts
Posted on 10/14/22 at 11:29 am to
Who owns the US, EU, UN,NATO, and probably the WHO as well?
Posted by SuperOcean
Member since Jun 2022
3171 posts
Posted on 10/14/22 at 11:36 am to
We owe a good bit of that bankruptcy .. To ruling the world. Military /Aid / propping up foreign gov or economies..
Posted by prplngldtigr
just up da bayou from down
Member since Dec 2004
6068 posts
Posted on 10/14/22 at 11:39 am to
The Great Reset/New World Order has the US and EU partnering in globalism and world economic rule.

China and Russia aren’t a part of that plan.

China has its own plan for world domination and they’ve executed it flawlessly to this point. They don’t care about Chinese people. Only world domination.

Russia is nationalistic and will fight to preserve Russias seat at the global power table.

Oh yeah, something gotta give.
Posted by ApexTiger
cary nc
Member since Oct 2003
53770 posts
Posted on 10/14/22 at 11:48 am to
quote:

I’m ok with ruling the world, it’s kind of the consequences of winning the last world war.


Arrogant and completely out of touch
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