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China and Russia Strengthen Ties To Replace US Dollar With a

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Thread replies: 13
Thread images: 4

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China and Russia Strengthen Ties To Replace US Dollar With a Gold-backed Trading Standard.

so the us dollars is going to crash.
hahahahahahahahahahahahahahahahaahahahahahahahahahahahahaahahahahahahahahahaha


https://www.youtube.com/watch?v=99CWfSuy0I8
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>Trying to replace the US Dollar Fiat currency system with anything else, especially with something "backed" by a limited resource

World War 3/all out nuketown would happen before that happens m8 you know how many governments have toppled overnight for this exact same attempt? LOL
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WW3 inc
neat
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>>1925159

remember america has debt with china and they will now pay the 20 trillion in debt with gold.
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>>1925137
How would this make the US dollar crash?
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>>1925185

country will demand gold not us dollar and the us dollar will be worth less.

>>so everything america buys from china will be marked to the price of gold
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>>1925210
But can't you just use USD to buy gold? Is the issue that they will have an advantage of using gold first?
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the us dollar hit a death cross...
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>>1925223

american gold will be cheaper to the counties that america has debt with.

>>Like china 20 trillion dollar debt america has with china
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>>1925181
Err... no. US debt is denominated in USD. It doesn't matter what China and Russia do, China still gets paid in fiat.
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>>1925159
The US cant defeat china and russia combined. China and russia both have nukes as well.

The US is broke. I hate to say it but we are. We produce nothing. We have to borrow money from the chinese just to keep the lights on.
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>>1925436
Wrong. The US could defeat both China and Russia combined in a conventional war. In a nuclear war it would be MAD.

The US isn't broke. We just shifted from a manufacturing-based economy to a service-based economy and only a fraction of the budget is paid from debt with China.
Thread posts: 13
Thread images: 4


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