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Max Keiser: Dollar To Be Buried Way Befo...

World`s major powers including China and Russia don`t want to `finance` American military adventures anymore. That`s the view of Max Keiser, finance critic and former stockbroker. He says China and Russia are interested in collapsing the US economy by rejecting the dollar.

  • imtheone
  • posted by imtheone
  • Date 10/17/2009 9:27:27 PM
  • Views: 516
  • All Ages
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5 Comments

Current View: 15 / Show all Comments

rocknrollray : LVL 24: VP 3.3: said:

rocknrollray

0 votes NegativePositive

34 days 15 hours ago...

I`m surprised it hasn`t collapsed already.

I don`t think it`s a Chinese and Russian conspiracy on the US. If the dollar fails it`s completely the fed`s fault.

Mungo9000 : LVL 36: VP 4.4: said:

Mungo9000

2 votes NegativePositive

34 days 4 hours ago...

Saddam Hussein had an idea about selling oil in Euros, look what happened to him.

Scherzando : LVL 26: VP 3.5: said:

Scherzando

2 votes NegativePositive

34 days 3 hours ago...

The same goes for Ahmedinnejhad of Iran. He`s also planning an the same business deal with the Europeans. And as soon as he does, so do all the other Gulf-states follow.

Besides, I dont think that the Chinese or the Russians will be put down as easily as Saddam. In fact, taking them on will be a costly mistake.

Flynn_2006 : LVL 47: VP 5: said:

Flynn_2006

0 votes NegativePositive

33 days 17 hours ago...

The Chinese have close to 1.5 trillion dollar in U.S bonds and treasury. Japan has a trillion, and most of the UAE, Iraq won`t trade in any other currency. If the Fed defaults the debt, there may be a total financial destruction across the whole wide world.

Hannsimus : LVL 34: VP 4.2: said:

Hannsimus

2 votes NegativePositive

33 days 15 hours ago...

So be it. if that`s what it takes to make people realize that we cant change anything with war and fake money then let it happen.

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