Quote from: E-C.Guru on May 22, 2014, 01:43:43 PM

Anonymint: you say the dollar wont collapse because the third world countries own inflation will force them to flee into the dollar. That is happening now.

But what happens when China and or Russia/BRICS back their own currency with gold? Even if they don't, there's a few big countries out there that can keep up their own currency threw establishing a copy of the dollar-system.

The similiarities with Romes decline and fall is obvious. The differences are not. Because of technology(Internet and to some extent bitcoin) currencies will fly from here to there in no-time. It won't be a 300 year decline. That was Rome, 2000 years ago. The great decline after that took 30 years. One after that about 3 years. This won't even take 3 months. Perhaps 3 days.

If China made a statement they'd buy Russian oil in ruble and export goods with CNY(Happened this week fyi) backed by gold and that India, Brasil and South africa + a few other countries was on board(happening right now in St. petersburg) the shit would truly hit the fan - for the FED and their dollar.

I love that we have a historic perspective here, but there is 1 more thing to have in mind:

Pulses. Conraction and expansion of circles. Time going faster and faster until it goes BOOOM and then going slower and slower. Big bang, basically.

When Rome failed it might have taken some 300 years for it to actually go from Great to Dead, but all events after that have decreased that time in an almost exact pattern.

I could go on, and would love to, but..

As always, I lose interest in writing. Someone pick up the torch, im out

/Guru

The current China/Russia mess will definitely affect a lot of things in the US. The decline of the dollar just sped up dramatically. We will see it at the gas pump first.