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re: What's your plans if the US has a sovereign debt crisis?
Posted on 3/11/23 at 8:40 pm to Bass Tiger
Posted on 3/11/23 at 8:40 pm to Bass Tiger
quote:
the question was how long would it take China to replace the U.S. as the world’s alpha superpower?
Posted on 3/11/23 at 8:47 pm to SlowFlowPro
quote:
the question was how long would it take China to replace the U.S. as the world’s alpha superpower?
If I would have told you in the year 2000 that China will be approaching a position to challenge the US economically and militarily in less than 25 years you would have laughed then too.
Posted on 3/11/23 at 9:04 pm to tjv305
quote:
and have sustainable back up power .
Solar?
Posted on 3/11/23 at 9:04 pm to LSU0358
quote:
Where exactly do you get this from? This is just wrong. wrong. wrong.
A simple google search for gold backed renminbi ( Yuan) will bring you up to date …. give it a try.
Let me ask you a simple question …. How do you think Russia has thumbed thier nose at US sanctions by selling Oil to China, India, Brazil and other BRIC nations?
Those nations pay for it in gold via the Shanghai Gold Exchange … using the gold backed renminbi (Chinese yuan). Surely you’re not suggesting they used the Petrodollar and the US Swift system … and that our government allowed this, right?
This post was edited on 3/11/23 at 9:07 pm
Posted on 3/11/23 at 9:04 pm to Bass Tiger

This post was edited on 3/11/23 at 9:06 pm
Posted on 3/11/23 at 9:04 pm to Bass Tiger
If that happens the only thing here that will have any real value will be guns ammunition and food.
Posted on 3/11/23 at 9:53 pm to BamaScoop
quote:
If that happens the only thing here that will have any real value will be guns ammunition and food.
Quite possible.
Posted on 3/11/23 at 10:15 pm to Bass Tiger
China is not in a position to challenge the US.
Have you ever been there? You go an hour outside of the major manufacturing sectors and its still the 19th century.
Have you ever been there? You go an hour outside of the major manufacturing sectors and its still the 19th century.
This post was edited on 3/11/23 at 10:20 pm
Posted on 3/11/23 at 10:33 pm to SEC. 593
quote:
China is not in a position to challenge the US. Have you ever been there? You go an hour outside of the major manufacturing sectors and its still the 19th century
I have to trust your opinion, the folks like Steve Bannon, Peter Navarro, Jack Posobiec, Gordon Chang etc. are clueless rabble rousers….lol
Posted on 3/11/23 at 11:09 pm to Bass Tiger
The only person you listed with any geopolitical intelligence, said China was going going to collapse a decade ago, but now has apparently done a 180.
On top of all of that, your argument is that the USD has to fall because of our debt problem. Guess what...China's debt problem is worse than ours.
This post was edited on 3/11/23 at 11:18 pm
Posted on 3/11/23 at 11:12 pm to Bass Tiger
few cases of booze might go a long way
Posted on 3/11/23 at 11:15 pm to tjv305
quote:
The best plan for most of our future crisis is to move to the country , produce your own food and have sustainable back up power .
Sounds like a good plan for the country. If we were as self sustainable as we could be, we wouldn’t be as susceptible to currency fluctuations and Forex problems.
Posted on 3/11/23 at 11:22 pm to Bass Tiger
I have seen almost 3 konths in china...much of it in a business capacity.
They have the patience to out-think us and fully believe they are doing exactly that.
However, I could write a thesis on why it won't happen. They are confused, disorganized, corrupt, inept...fill in 30 more descriptive words. Anyone who has done business there...especially outside of Shanghai or Beijing can relate.
It's a shitshow. I do business all over the planet. Chinese are a shitshow...and, yes, I was dealing directly with their government before covid
They have the patience to out-think us and fully believe they are doing exactly that.
However, I could write a thesis on why it won't happen. They are confused, disorganized, corrupt, inept...fill in 30 more descriptive words. Anyone who has done business there...especially outside of Shanghai or Beijing can relate.
It's a shitshow. I do business all over the planet. Chinese are a shitshow...and, yes, I was dealing directly with their government before covid
Posted on 3/11/23 at 11:29 pm to Tiger Attorney
My experience also.
Posted on 3/11/23 at 11:49 pm to Bass Tiger
Self sustainability is your answer.
Stop relying on China to make you a t-shirt.
Stop relying on China to make you a t-shirt.
Posted on 3/12/23 at 2:09 am to BamaScoop
quote:
guns ammunition and food.
It doesn't matter whether it's .223 or 30.30, guns and ammo do not decrease in value.
When has anyone lost money selling a firearm or ammo?
Bueller?
Posted on 3/12/23 at 2:14 am to lsuguy84
This is the correct answer. If the USD is no longer the currency that everyone uses to trade (anytime soon) then it is hell on Earth.
Posted on 3/12/23 at 2:22 am to Bass Tiger
I got a shotgun, rifle and a 4WD
Posted on 3/12/23 at 2:30 am to geauxbrown
You best put your daddy’s stuff up before he gets home baw.
Posted on 3/12/23 at 2:43 am to Bass Tiger
My plan, I can skin a buck and run a trotline
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