[quote=The-Shoveler]LOL not likely IMO, but if we did we would just trounce China’s net worth by say a factor of 20 or something like that so maybe that would be good for the usa.[/quote]
it’s a big world and we are now perceived as dumbassses. Other countries can mvoe to make alternatives. bitcoin maybe be just the beginning. digital gold backed chinese currency? why not? do you really have any faith in the ability fo the us dollar to retain value over the next 20 years or to be the world’s reserve currency in 2050? I’d bet, no, no it will not. we are too dumb to be trusted much longer.
The only sure bet is that 1 dollar in 2040 is going to be worth a small fraction of a dollar today.
