The Inevitable Collapse of US Dollar

Viva la mexico...er china, yeah that's it, china...
Sad state of affairs my friends, hope you all got plenty of beans and rice, honey is great as well for long term monetary system failure/currency death.
On a side note, more money for asia means more cars, junk, death, and whatever. This planet is screwed because of money, I wish it weren't so.

If I bang my head against the wall everyday, some positive thinking won't do much for my headache.

I think it is time that we take a hard look at our money system and the economy we have built upon it. We can all acknowledge that the USA carries a large national debt. Yet you and I know that if we personally carried such a large debt, we would have creditors and collectors hounding as at our every waking hour.

Ask somebody with excessive debt and collections how easy it is for them to get a loan for a home or automobile and they will probably tell you that they either flat out do not qualify, or that the interest rate is unaffordable. The reason why? Bad credit. Then just consider that the USA's form of credit is the Dollar.

Lets not fool ourselves, at some point the bills are going to come due. I don't think it has to be this way, nor do I wish it to be, but first we need to stop trying to sweep this under the rug.

The US needs to undergo a cultural revolution of sort. To get back on track, the US may have to:

1. Dismantle or dissolve the more than 700 US bases worldwide (or the Empire)

2. The people will have to learn how to actually save money and stop consuming too damn much (As my European friends would say it, the "American Dream" is to get hopelessly buried in debt)

3. Lastly, something's gotta be done with the education, medical system, food and other inelastic economic activities. These are essential as a failure in one of these may spark rebellion in the populace due to unrest.

The question now is, who's taking on these challenges to take up the necessary steps?

Maybe so jon, but maybe not as well.

The thing that got us through the depression was our hard work and steady production.

Guess where all the production got shipped off to? And guess where all these Wall Street Pricks are gonna go with all of our money?

In the modern world, especially with a competitive Russia and China, this financial collapse could provide the momentum other nations need to bury America's position as a modern superpower, which is what has been keeping us afloat economically for a long time now.

We need an ace in the hole and right now, we don't have one.

Green energy might be it, maybe computer technology or science in general. But there's a shitfuck ton of resistance to that, has been since the Reagan years. Unless it's military science that is.

Steel industry is gone, car industry is boned, services are good to export but is that gonna keep us afloat or just benefit other nations?

I mean, when you look this beast straight in the eye, you realize, we're pretty fucked.

TBH, I don't think either candidate is gonna be able to do shit. America is TKO for at least twenty years, and who knows what could happen in that time. Is China gonna come out on top? They have all the production. Russia's going militarist again and we're in no shape at all to fight another cold war with them, not that we even should in the first place.

Bush. has. fucked us.

I'm not being chicken little, that's just how the bones fell man. We've come outta worse, but not with this much debt or corruption and not with this geo-political fallout.

Things are different now, and we may be boned unless we can start up some solid industry real fast.

The dollar will be back...This is not the last of the US.

HELLO AMERO!

yup... we've been spending money like a young irresponsible kid with a credit card in a toy store and the Fed in all their intelligence just keeps increasing our credit limit. That only leads to bankruptcy....

I have cut up my credit cards and am now determined to get them paid down. They seemed a necessity during college, but in reality, I myself was guilty of living beyond my means. That is basically become the mainstream way of life in Amerika and it's going to have to change.

Me and my wife will be about $70k in debt when we graduate from college next spring and even that is moderate by comparison, only because our college is somewhat affordable to attend at $2000 per semester.