US dollar worthless w/ a new world order expected to come

[April]

Quote:According to Damon Vickers, chief investment officer of Nine Points Capital Partners, the US dollar is going to be "utterly destroyed" and become "virtually worthless" on the grounds of absence of real resources supporting the currency. He cited other countries as those who have real potential as they deal with exporting of real goods.

"We don't have resources. Neither does a lot of Asia to be quite frank," Vickers said on CNBC's Asia Squawk Box. "Countries that have resources -- the Brazils, the Canadas, Australia -- their currencies are doing well."

"They have stuff. They've got resources. They export real things. The United States exports 'promises' and 'pretty paper'," he added.

Еры year alone Australia's S&P/ASX 200 has grown by 23% while gaining 14% in the Dow Jones Industrial Average.

Vickers noted that huge wage disparities between the United States and emerging markets like China may result in some type of a global currency crisis. He said in case global currency crisis emerges we should expect a new world order with a new world government and a new world currency.

http://www.ecommerce-journal.com/news/2509...ted-come?drgn=1

[icosaface]

I think the monetary system is vitually worthless and utterly malignant.

[April]

have you figured out how to live with out it yet ? If you have, by all means... fill the rest of us in! :D

[icosaface]

Living with it is the problem, living without it is wishful thinking:D .