Any Truth to This?

Any Truth to This?

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This is a discussion on Any Truth to This? within the Critical Thinking & Philosophy forums, part of the Topics of Interest category; I'm not sure how much of this is true but I still think it's worth verifying if any of the ...

  1. #1

    Any Truth to This?

    I'm not sure how much of this is true but I still think it's worth verifying if any of the following are accurate

    1. 26 ONCE BUSTLING American Cities are now BANKRUPT for the first time in U.S. History

    2. Germany, Switzerland and Denmark are in the process of pulling ALL of their gold OUT of the United States
    3. Warren Buffet, John Paulson and numerous other billionaires are now dumping U.S. stocks as fast as they can sell them

    4. Russia, China and Brazil are moving quickly towards creating a new central bank with one purpose: to REPLACE the U.S. dollar...



  2. #2

    Problem with #4 is that oil producing nations are forced into using the dollar to exchange oil.

    When they stop accepting dollars for oil, like Iraq did, the US invades them. This called the petro-dollar and one of the reasons it's still worth anything.

    List of countries by oil production - Wikipedia, the free encyclopedia

    Basically, all the weak countries on there are on thin ice if they stop using the dollar with their oil transactions.

    So #4 can happen, just its hard to replace the dollar when nations are forced by our military and military funding, into using the dollar.


 

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