Topic: Dollar coming to an end - page 16. (Read 34981 times)

The retirement age for Chinese man is 60 and for woman is 55. It will be raised to 65 and old in the near future. So the working population will not decrease too much.

I dont go in for conspiracies, the most powerful thing is natural trends, you can rely on this because its stronger then anyones opinion and it'll take down anybody no matter how powerful.    When a tide comes you cant avoid it, some things are just bigger and I think we all accept this on a personal level.   It also applies to countries, international trade and global bias that are in play now and in future.
  Humans as a people or species even do display trends and phenomena, not everything can be manipulated and managed, change is constant.   Economics should reflect all this but it does not, its (become) politically biased to the most powerful display in the room, it often ignores natural trends which are larger still.  Bigger then USA or OPEC, dollar all the things we know today can change and within ten years say which is pretty quick if the switch were to an Asian currency or wherever.

For example the bias on OPEC would be its main party which is Saudi Arabia.   They have great population growth which is causing their own consumption of oil to rise and effect their ability to influence external countries with their vital export.   A bigger theme then the sway from opec are themes within their own countries, this I think is much bigger then USA can help out for return favour.  At some point the situation becomes over extended and agreements collapse, more oil going to China at a higher price might be the path of least resistance.    

The working population within China is falling, this causes rises in their wages altering their ability to undercut other countries exports on low wages alone.   This might mean lower treasury debt holdings.   Naturally secondary developments and consequences occur,  I think these are the main reasons why dollar would fall.  Ultimately politics either foresees this change or fails under the strain of the inevitable

Some OPEC countries start selling without using U.S Dollar if I am right (let me google it) and they could start doing more and more sells in other currencies, swap or Gold in the very near future.

I don't know if I can agree with the article. The U.S. dollar is based on a debt system that itself is based on it's military and oil. When OPEC stops writing checks to the U.S. using U.S. dollars then I will be worried but until then I don't think I will bat an eye to these articles anymore. As long as the U.S. has it's military might to keep OPEC within it's grasp, the U.S. dollar will still be the worldwide currency. That's my belief at least.

the main problem is the market cap. No matter how much we try it, it would be like vanishing a glass of water from a pond. But still it's pond and our Bitcoin id getting up there.

Read this: http://www.gata.org/node/8303 and think Bitcoin again.

True, but if people all around the world keep accepting dollars no matter how many are created out of thin air.. what can stop it anytime soon?

if the value of your fiat is nothing but a mere perception of the public or people who use it.... and the media, tv etc controls there perception... How would they ever even know?

In fact you could experience an entire political and economical shift and you would never know. Simply because literally everyone perceived it that way.

take cars for example. If you went through the process to stamp out a proper metal or carbon fiber car, sure it would be strong, but these days it would cost a ton..

so maybe a strong metal/carbon car say cost= 50k.......... retail = 75k net 25k

plastic car with cheap (but flasy/cool) parts = 10k  ......... retail = 75k net 65k


Another thing that we will see very soon is basically the "insourcing" idea as portrayed in The Campaign film.

With all retail now shifting to alibaba (all online and domestic retail will seize to exist in 10-20+years) the only last cost to cut is shipping..

One they bring the factories to us we are done.

sure anyone involved and ahead of the political shift and curve will be well rewarded. But endless generations after them will not be. Beause flawless leveled structured socialism will be all thats left. It will be executed so well that most people will never even know the difference.

When I was in college they used to say if you work job A you will start at 40k/yr... after 2 years you will bump to 50k... 2 more years 50k 4 more years 80k etc etc...

is this not socialism at it's finest? Not only are you limited knowledge by requiring the finanaces/labor/debt to learn. But you're also saying that after you do learn x for y amount of years that this will essentially be your payment/reward plan... crazy

I am supprised to see that nobody has touched down on a silent type political shadow war. Who is to say that there will never be bloodshed starvation collapse etc in any major country? Who is to say that the wars will continue politically in the middle east through shadow corps while a smoke screen of socialism is pulled over our eyes....

Imagine an all out assault on everything to do with the united states economy. China and Russia with an all out assault. Cashing out all money at atm's, manipulating market, retail, technology, casinos with majority speaking madarin clearing out limitless funds making them bankrupt. Police accepting asians at mass numbers. Literally infiltrating every single organization as deeply and quickly as possible.

And dont even get me going on cyber attacks from china...

regardless those ahead of the curve should be rewarded. But the curve will be so steep so god only knows how many will get cut lose.

Right now Bitcoin is not that popular but the Dollar will crash it should become more popular. The Dollar may not end soon but it will lose most its value as the number of Dollar in circulation increases and it becomes a smaller portion of exchanges and reserves in the world

The situation with the national fiats is inherently unstable, because as one currency is more used, it should increase in liquidity and therefore become more and more valuable, eventually swallowing all others. Only currency controls and inertia keeps the dollar from accruing all value in this day and age. Will bitcoin take on all value, or will the dollar first, bitcoin last?

I don't think dollar would come to an end for another 50 years at least. Bitcoin is not that popular to take over.

The Yuan too. The Brazilian Central Bank just signed a new swap deal with the Chinese Central Bank

it could happen because many of its competitors dollars are used as currency in the world trade, such as the euro, yen, pound and others. it could shift the dominance of the dollar in the world so that the US dollar will eventually come to an end, people will use alternative currencies other than the dollar, but I think it is still a long time to happen because of the current world market still believe the US dollar as their trade transactions ... 

Judgement day as in terminator or in bible?

US is the Big country in this world , they will not let dollar become failured currency.
The only reason can make Dollar coming to end is Judgement day.

Not yet. It could happen but I don't see it happening yet. Although when it does happen, it's probably going to happen quite fast.

The dollar isn't going away any time soon. The problem is that the world (especially Americans ) are addicted to the dollar. Russia and China just simply insist on being America's antagonist no-matter what. They don't have allot of pull in the world and nobody wants them to. I wouldn't put too much weight on anything Russia is doing because they don't seem to be able to get it together. China is different. China has a massive recourse called one billion population but they see it as a hindrance rather than a recourse. The true hindrance in china is the government's strong desire to micromanage everything. Simply put; these guys combined efforts inst enough to compete with the dollar at great extent.

There is 13.5 millions bitcoins and there will be 21 millions; if it will be widely use, the price could be 100 times the price it is Today at the current Dollar value

One party ends. Another party begins.