If communism and Capitalism has failed to deliver, Should we look at the nazi.

[elemis]

People will stop trading in dollars when they have no faith in it. That time is not far away.

Its not so easy. Everything is traded in dollars; oil, steel, gold etc.


The Dollar is the global currency. We are dependent on it and will continue to do so.

Once this crisis is over people will forget about it. Greed will overtake them all once more.

[$tyli$h Executive]

The us economy will collapse anyway. Dont have any sympathy for them.

Ah, you just hate Americans!

Eventually, ALL will prosper. Remember the great depression of 1929? What happened? Later, everything bounced back, everyone is so much richer than the pre recession levels of 1929! Stock markets got far higher than the pre recession levels!

ALL will prosper in the long run. America is on the verge of recovery and prosperity itself.

[$tyli$h Executive]

People will stop trading in dollars when they have no faith in it. That time is not far away.

They cannot actually. Most countries trade in dollars. And China has its reserves in dollars itself.

[elemis]

@stylish  Exactly my thoughts. Its easy to say that the dollar will collapse, but EVERYTHING is valued ultimately in terms of US Dollars.

[$tyli$h Executive]

Yes. I just read that if somebody has more than $6 million in assets-liabilities, he is in the top 1% of the world population.

[astarmathsandphysics]

It took about 30 years for the worlds main currency to change from sterling to the dollar. The dollar wont be the main currency in 30 years.

[$tyli$h Executive]

It took about 30 years for the worlds main currency to change from sterling to the dollar. The dollar wont be the main currency in 30 years.

If the USA continues their economic recovery as it is doing now, we can safely bet the dollar will remain the main currency.

But of course, other currencies may gain much more popularity still.

It doesn't actually matter if the dollar remains the main currency or not. What matters is the economic performance of the US and other countries.

[Freaked12]

Arsenal, its the same as command economy or communist economy

Communism is a social structure in which classes are abolished and property is commonly controlled, as well as a political philosophy and social movement that advocates and aims to create such a society.

Nazism strong central government movement, with economic socialism to create a popular, centrist nationalist-oriented workers movement that could challenge the rise of Communism, as well as the internationalist left and right in general.

 Socialism is an economic and political theory based on public ownership or common ownership and cooperative management of the means of production and allocation of resources

Got it? 

[I'm a mistake - legalize abortion!]

Communism is a social structure in which classes are abolished and property is commonly controlled, as well as a political philosophy and social movement that advocates and aims to create such a society.

Nazism strong central government movement, with economic socialism to create a popular, centrist nationalist-oriented workers movement that could challenge the rise of Communism, as well as the internationalist left and right in general.

 Socialism is an economic and political theory based on public ownership or common ownership and cooperative management of the means of production and allocation of resources

Got it? 

Basically its the mid side..

[astarmathsandphysics]

The dollar cant stay the main currency with the borrowing so much from china

[$tyli$h Executive]

The dollar cant stay the main currency with the borrowing so much from china

Please look it here: http://www.presstv.ir/detail.aspx?id=116070&sectionid=3510213

US dollar to remain main global currency, says IMF

The IMF head Dominique Strauss-Kahn

The chief of the International Monetary Fund believes the US dollar will maintain its dominance in the currency world despite speculations that it will be soon substituted by the euro or Chinese yuan.

"The US currency is going to remain the main currency in my opinion for a long period of time, even if it's challenged by some others," Dominique Strauss-Kahn told the Hong Kong Trade Development Council on Wednesday, AFP reported.

Strauss-Kahn called on China to raise the value of its currency, to ease criticisms alleging that Beijing keeps its unit artificially low.

Meanwhile, the IMF managing director noted that the international economy would not face a so-called "double-dip" recession, though he described the pace of recovery as sluggish.

"Our view is not one of a double-dip," Strauss-Kahn said.

"It doesn't mean the probability is zero or that it cannot happen, but it's not our preferred scenario and I don't believe that will be the case."

Strauss-Kahn is due to make a keynote address at the Asian Financial Forum next week.

[astarmathsandphysics]

'long time' for a banker is beyond their next bonus