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Author Topic: De-Dollarisation.  (Read 109084 times)

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Offline Gipsy

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Re: De-Dollarisation.
« Reply #500 on: April 16, 2016, 09:58:30 AM »
Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?


PS  Good luck with that.  Russia better take a few tug boats.  :ROFL:

Wow Ant, first you cry foul when your ships get buzzed, boo hoo, those naughty Ruskies...

Then you have the ordacity to state that if Ruskie ships were off the Yankee coast, they would need tug boats to get them home...

A typical yankee mentality of, "We can do as we wish, wherever/whenever we wish, but you will do as you are told and follow the rules"..

 :censored: ing bullshit man....

Would you like me to send you a loaf of cheese to go with your whine?

 :ROFL:   :ROFL:   :ROFL:


PS The tugboats are not needed cause we would blow your boats up, but because everything Russia builds breaks down:laugh:

Oh dear Ant, another fail...

Without mentioning the Russian planes in Syria which flew long hours without any serious problems,

And also not to mention the US Apache helicopter which has a Russian designed and manufactured main rotor gearbox.

We will also not mention the heavy lift space engines which are designed and nuilt in Russia, which the uS relies on.

Lets stick to ships..

http://www.defensenews.com/story/breaking-news/2016/01/21/singapore-another-us-navy-lcs-sidelined-machinery-problems/79143208/

https://news.usni.org/2015/12/14/littoral-combat-ship-uss-milwaukee-repairs-could-last-weeks

http://www.nace.org/CORROSION-FAILURE-LCS-2-USS-Independence-Naval-Ship-Engine-Corrosion.aspx

https://en.wikipedia.org/wiki/USS_Freedom_(LCS-1)

https://en.wikipedia.org/wiki/USS_San_Antonio_(LPD-17)

The last one bears your name, be careful that you also do not suffer a breakdown...

 :ROFL: :ROFL: :ROFL:
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Offline Gipsy

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Re: De-Dollarisation.
« Reply #501 on: April 16, 2016, 10:01:27 AM »

Are you predicting there will be one global currency and one country governed by one set of politicians in the future? And is this why the US is building up troops around the globe?

I've not seen this movie yet....

It is not a movie so do not worry you will not miss it. Also this is not going to happen next week. But stand back and look what is happening around the world. 

If you would really look at this over the last fifty years our troops level around the globe is in decline and has been for a long time. Donald Trump recently  said that Japan and south Korea could have their own nuclear weapons and rely less on the USA. He got all kinds of flack over this but this is what really needs to be done. What we are doing now is failing to keep up with the military needs of our partners but not let them fill the gap on their own. You guys do not seem to realizes how much the USA military has been cut.  Example we used to have 600 ships now we have 200 ships. This stuff about our expanding is just Putin's propaganda making the USA the evil empire so Russia has a reason to keep him in power.

That is factually incorrect I'm afraid, the US navy currently has about 430 ships and submarines in service, and is expanding its spheres of influence in Europe (Land Sea and Air), the Med (inc Black Sea), and the far east...

https://en.wikipedia.org/wiki/List_of_current_ships_of_the_United_States_Navy

That's right we have the largest best trained military in the World.  If we ever get a real CIC with some balls the next time your puppet masters buzz one of our destroyers when we're doing lawful maneuvers in International waters we're going to surround that little Russkie enclave of Kaliningrad, crush it, and then give it back the rightful owner, Germany.  Any questions?  :laugh:

Just the same as you are going to do with Cuba, give them their land back which you have illegally occupied for many years.  :coffeeread:
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Offline Gipsy

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Re: De-Dollarisation.
« Reply #502 on: April 16, 2016, 10:04:14 AM »

With 20 Trillion dollars of debt... yeah right..

Who's going to lend you a further couple of trillion dollars...maybe Russia?   :ROFL:

Question 1: Who do they owe the money?
Answer: Anybody who is holding Dollars


Question 2: Who is going to Lend then any money?

Answer: Do they need to borrow any money from anybody? Of course not!

President will Change the law and ask the FED to print some trillions of toilet paper.

The problem is who will accept Dollars in exchange for goods?

Then the problems will start!

Oh so true.

Though it is technically not so much holders of dollars but those entities who own debt from the United States. Such as bonds (in every flavour) and Treasury Notes or T-Bills as examples. In reality the debt clock only notes Federal debt, not state, city and agency debts.

Are you saying that the actual debt could/is much higher..??

The estimate for unfunded liabilities such as Social Security goes as high as 180 Trillion dollars.  It's inconceivable how much debt there may out there in the future.  Why some keep cheering the dollars alleged collapse is mind-boggling.  It won't just be our collapse, if it happens.

As if I did not know that, I just wanted to see if others knew it also...

Aren't you ashamed of your country having so much debt, enough debt, which defaulted, would cripple just about every country in the world..

How great your country is, if it cannot win by force, it can win by default...

No I'm not ashamed.  We borrowed that money to build an Empire around the World rivaling anything Rome ever did and if we go down we're taking you (Russia) down on the way down but for us it's only a temporary set back and then we rise from the ashes like a Phoenix.  The key is that we're winners, we always win no matter how and you can't stop us so give up trying.  (just think of your demise due to Afghanistan, Mr. former Soviet Union)  :ROFL:

Just like you won in Vietnam, Iraq, Libya etc, etc...
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen


Offline Gipsy

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Re: De-Dollarisation.
« Reply #503 on: April 16, 2016, 10:05:19 AM »

Are you predicting there will be one global currency and one country governed by one set of politicians in the future? And is this why the US is building up troops around the globe?

I've not seen this movie yet....

It is not a movie so do not worry you will not miss it. Also this is not going to happen next week. But stand back and look what is happening around the world. 

If you would really look at this over the last fifty years our troops level around the globe is in decline and has been for a long time. Donald Trump recently  said that Japan and south Korea could have their own nuclear weapons and rely less on the USA. He got all kinds of flack over this but this is what really needs to be done. What we are doing now is failing to keep up with the military needs of our partners but not let them fill the gap on their own. You guys do not seem to realizes how much the USA military has been cut.  Example we used to have 600 ships now we have 200 ships. This stuff about our expanding is just Putin's propaganda making the USA the evil empire so Russia has a reason to keep him in power.

That is factually incorrect I'm afraid, the US navy currently has about 430 ships and submarines in service, and is expanding its spheres of influence in Europe (Land Sea and Air), the Med (inc Black Sea), and the far east...

https://en.wikipedia.org/wiki/List_of_current_ships_of_the_United_States_Navy

That's right we have the largest best trained military in the World.  If we ever get a real CIC with some balls the next time your puppet masters buzz one of our destroyers when we're doing lawful maneuvers in International waters we're going to surround that little Russkie enclave of Kaliningrad, crush it, and then give it back the rightful owner, Germany.  Any questions?  :laugh:

Have you started shaving yet??   :whist11:
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Offline Danchik

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Re: De-Dollarisation.
« Reply #504 on: April 16, 2016, 10:06:26 AM »
Anteros,

Back away from the compute for awhile. Go outside and get some fresh air. Talk to some people outside of your co-workers at the factory. Being all alone in your man cave/bomb shelter/dungeon has degenerated what's left of your brain that actually works. You are completely out of touch with reality.

Tell you what, come to Russia and I will ask one of my female friends if she'll take one for the team and  mercy  :censored: you. You really need it.
When it is dark enough, men see the stars.

Offline Anteros

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Re: De-Dollarisation.
« Reply #505 on: April 16, 2016, 10:16:31 AM »
Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?


PS  Good luck with that.  Russia better take a few tug boats.  :ROFL:

Wow Ant, first you cry foul when your ships get buzzed, boo hoo, those naughty Ruskies...

Then you have the ordacity to state that if Ruskie ships were off the Yankee coast, they would need tug boats to get them home...

A typical yankee mentality of, "We can do as we wish, wherever/whenever we wish, but you will do as you are told and follow the rules"..

 :censored: ing bullshit man....

Would you like me to send you a loaf of cheese to go with your whine?

 :ROFL:   :ROFL:   :ROFL:


PS The tugboats are not needed cause we would blow your boats up, but because everything Russia builds breaks down:laugh:

Oh dear Ant, another fail...

Without mentioning the Russian planes in Syria which flew long hours without any serious problems,

And also not to mention the US Apache helicopter which has a Russian designed and manufactured main rotor gearbox.

We will also not mention the heavy lift space engines which are designed and nuilt in Russia, which the uS relies on.

Lets stick to ships..

http://www.defensenews.com/story/breaking-news/2016/01/21/singapore-another-us-navy-lcs-sidelined-machinery-problems/79143208/

https://news.usni.org/2015/12/14/littoral-combat-ship-uss-milwaukee-repairs-could-last-weeks

http://www.nace.org/CORROSION-FAILURE-LCS-2-USS-Independence-Naval-Ship-Engine-Corrosion.aspx

https://en.wikipedia.org/wiki/USS_Freedom_(LCS-1)

https://en.wikipedia.org/wiki/USS_San_Antonio_(LPD-17)

The last one bears your name, be careful that you also do not suffer a breakdown...

 :ROFL: :ROFL: :ROFL:

Syria being so close to Russia, of course you are feeling your oats.  Remember the Kursk?  Uh huh.
Be careful what you wish for, you might get it.

Offline Anteros

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Re: De-Dollarisation.
« Reply #506 on: April 16, 2016, 10:17:49 AM »

With 20 Trillion dollars of debt... yeah right..

Who's going to lend you a further couple of trillion dollars...maybe Russia?   :ROFL:

Question 1: Who do they owe the money?
Answer: Anybody who is holding Dollars


Question 2: Who is going to Lend then any money?

Answer: Do they need to borrow any money from anybody? Of course not!

President will Change the law and ask the FED to print some trillions of toilet paper.

The problem is who will accept Dollars in exchange for goods?

Then the problems will start!

Oh so true.

Though it is technically not so much holders of dollars but those entities who own debt from the United States. Such as bonds (in every flavour) and Treasury Notes or T-Bills as examples. In reality the debt clock only notes Federal debt, not state, city and agency debts.

Are you saying that the actual debt could/is much higher..??

The estimate for unfunded liabilities such as Social Security goes as high as 180 Trillion dollars.  It's inconceivable how much debt there may out there in the future.  Why some keep cheering the dollars alleged collapse is mind-boggling.  It won't just be our collapse, if it happens.

As if I did not know that, I just wanted to see if others knew it also...

Aren't you ashamed of your country having so much debt, enough debt, which defaulted, would cripple just about every country in the world..

How great your country is, if it cannot win by force, it can win by default...

No I'm not ashamed.  We borrowed that money to build an Empire around the World rivaling anything Rome ever did and if we go down we're taking you (Russia) down on the way down but for us it's only a temporary set back and then we rise from the ashes like a Phoenix.  The key is that we're winners, we always win no matter how and you can't stop us so give up trying.  (just think of your demise due to Afghanistan, Mr. former Soviet Union)  :ROFL:

Just like you won in Vietnam, Iraq, Libya etc, etc...

You're confused.  The USA does not strive to capture territory, just to infest it with Coca Cola and McDonalds.  :laugh:
Be careful what you wish for, you might get it.

Offline Gipsy

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Re: De-Dollarisation.
« Reply #507 on: April 16, 2016, 10:43:43 AM »
Putin ordering his pilots to buzz American Destroyer's is not going to cause us to end sanctions on his economy any time soon.

The ship that was in the Baltic Sea? Long way from America and right near Russia. Imagine how the US would howl if Russia started conducting military tests right off the coast of the US?


PS  Good luck with that.  Russia better take a few tug boats.  :ROFL:

Wow Ant, first you cry foul when your ships get buzzed, boo hoo, those naughty Ruskies...

Then you have the ordacity to state that if Ruskie ships were off the Yankee coast, they would need tug boats to get them home...

A typical yankee mentality of, "We can do as we wish, wherever/whenever we wish, but you will do as you are told and follow the rules"..

 :censored: ing bullshit man....

Would you like me to send you a loaf of cheese to go with your whine?

 :ROFL:   :ROFL:   :ROFL:


PS The tugboats are not needed cause we would blow your boats up, but because everything Russia builds breaks down:laugh:

Oh dear Ant, another fail...

Without mentioning the Russian planes in Syria which flew long hours without any serious problems,

And also not to mention the US Apache helicopter which has a Russian designed and manufactured main rotor gearbox.

We will also not mention the heavy lift space engines which are designed and nuilt in Russia, which the uS relies on.

Lets stick to ships..

http://www.defensenews.com/story/breaking-news/2016/01/21/singapore-another-us-navy-lcs-sidelined-machinery-problems/79143208/

https://news.usni.org/2015/12/14/littoral-combat-ship-uss-milwaukee-repairs-could-last-weeks

http://www.nace.org/CORROSION-FAILURE-LCS-2-USS-Independence-Naval-Ship-Engine-Corrosion.aspx

https://en.wikipedia.org/wiki/USS_Freedom_(LCS-1)

https://en.wikipedia.org/wiki/USS_San_Antonio_(LPD-17)

The last one bears your name, be careful that you also do not suffer a breakdown...

 :ROFL: :ROFL: :ROFL:

Syria being so close to Russia, of course you are feeling your oats.  Remember the Kursk?  Uh huh.

USS Scorpion (SSN-589) was a Skipjack-class nuclear submarine of the United States Navy and the sixth vessel of the U.S. Navy to carry that name. Scorpion was lost on 22 May 1968, with 99 crewmen dying in the incident. USS Scorpion is one of two nuclear submarines the U.S. Navy has lost, the other being USS Thresher
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Offline leslied

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Re: De-Dollarisation.
« Reply #508 on: April 16, 2016, 10:44:15 AM »
MODERATOR WARNING

Anteros Stop Troll Posting


Offline Gipsy

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Re: De-Dollarisation.
« Reply #509 on: April 16, 2016, 10:45:06 AM »


You're confused.  The USA does not strive to capture territory, just to infest it with Coca Cola and McDonalds.  :laugh:

Are you telling us that you enjoy a Handburger??   ;D
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Offline Manny

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Re: De-Dollarisation.
« Reply #510 on: April 16, 2016, 10:56:30 AM »


You're confused.  The USA does not strive to capture territory, just to infest it with Coca Cola and McDonalds.  :laugh:

Are you telling us that you enjoy a Handburger??   ;D

A hand something perhaps.
Trip Reports: Links to my travels in Russia, Estonia, North Korea, South Korea, China and the US are >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.

Online Wiz

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Re: De-Dollarisation.
« Reply #511 on: April 16, 2016, 11:37:51 AM »
Anteros,

Back away from the compute for awhile. Go outside and get some fresh air. Talk to some people outside of your co-workers at the factory. Being all alone in your man cave/bomb shelter/dungeon has degenerated what's left of your brain that actually works. You are completely out of touch with reality.

Tell you what, come to Russia and I will ask one of my female friends if she'll take one for the team and  mercy  :censored: you. You really need it.

As it wasn't enough Gipsy shooting his S400 at Anteros ... now you appear dropping the poor man your Russian secret weapon...... which I don't think he will be able to withstand!

You must warn your friend......to be gentle with him, untill he start to like his treatment!

 :laugh: :laugh: :laugh:

Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

Offline Gipsy

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Re: De-Dollarisation.
« Reply #512 on: April 16, 2016, 12:05:17 PM »


You're confused.  The USA does not strive to capture territory, just to infest it with Coca Cola and McDonalds.  :laugh:

Are you telling us that you enjoy a Handburger??   ;D

A hand something perhaps.

Exactly what a handburger is.... ;D
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Online AvHdB

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Re: De-Dollarisation.
« Reply #513 on: April 16, 2016, 12:46:39 PM »


You're confused.  The USA does not strive to capture territory, just to infest it with Coca Cola and McDonalds.  :laugh:

Are you telling us that you enjoy a Handburger??   ;D

I was not aware that McDonalds served hamburgers.

But on the other side why not chill EVERYONE it is becoming a messy sandbox.
“If you aren't in over your head, how do you know how tall you are?” T.S. Eliot

Online Texan77

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Re: De-Dollarisation.
« Reply #514 on: April 16, 2016, 02:40:36 PM »

Are you predicting there will be one global currency and one country governed by one set of politicians in the future? And is this why the US is building up troops around the globe?

I've not seen this movie yet....

It is not a movie so do not worry you will not miss it. Also this is not going to happen next week. But stand back and look what is happening around the world. 

If you would really look at this over the last fifty years our troops level around the globe is in decline and has been for a long time. Donald Trump recently  said that Japan and south Korea could have their own nuclear weapons and rely less on the USA. He got all kinds of flack over this but this is what really needs to be done. What we are doing now is failing to keep up with the military needs of our partners but not let them fill the gap on their own. You guys do not seem to realizes how much the USA military has been cut.  Example we used to have 600 ships now we have 200 ships. This stuff about our expanding is just Putin's propaganda making the USA the evil empire so Russia has a reason to keep him in power.

That is factually incorrect I'm afraid, the US navy currently has about 430 ships and submarines in service, and is expanding its spheres of influence in Europe (Land Sea and Air), the Med (inc Black Sea), and the far east...

https://en.wikipedia.org/wiki/List_of_current_ships_of_the_United_States_Navy

According to your source there are 232 commission ships in the US NAVY. The other ship that they talk about are none commissioned ships that are cargo and observation, repair functions type of vessels. We are down from 600 commission ships to just a little over 200.
Until Russia invaded Ukraine our interest in Europe was also declining. The level if influence is no where near what it once was in Europe.  We have left most of Africa and reduced our present in middle east. Our ship count not keeping up with the level of new ships from China in Asia.
3) There has been no "threat" to invade Ukraine. The US invented that and fed it to a complicit media.

Offline Manny

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Re: De-Dollarisation.
« Reply #515 on: April 16, 2016, 02:49:05 PM »
Until Russia invaded Ukraine

You mean when America changed the leadership?

our interest in Europe was also declining. The level if influence is no where near what it once was in Europe. 

Well, you still occupy Germany (apart from stealing their gold), but in most of Europe, yes, an irrelevance. A spent force on the decline.
Trip Reports: Links to my travels in Russia, Estonia, North Korea, South Korea, China and the US are >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.

Offline cufflinks

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Re: De-Dollarisation.
« Reply #516 on: April 16, 2016, 03:05:29 PM »
Enjoy the Deline - worked out very well for the UK - Sex Drugs and Rock and Roll and of course the Shariastan invasion and conversion of the Empire.

Offline Anteros

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Re: De-Dollarisation.
« Reply #517 on: April 16, 2016, 04:10:06 PM »
our interest in Europe was also declining. The level if influence is no where near what it once was in Europe. 

Well, you still occupy Germany (apart from stealing their gold), but in most of Europe, yes, an irrelevance. A spent force on the decline.

You've certainly got some nerve, I grant you that.  You're an unofficial mouthpiece for an Empire which lost an enormous amount of real estate the past few decades and now counts 1 naval base on foreign soil. 

As a Brit you're a citizen of one of the former great Colonial empires of the World and the pound once was the reserve currency of the World.

Could you or Wiz please remind us Americans how many overseas bases the United States has right now?  Sure, we're "irrevelant" and on the "decline".  Coming from the position you occupy that's as ripe as it gets.
Be careful what you wish for, you might get it.

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Re: De-Dollarisation.
« Reply #518 on: April 16, 2016, 04:12:55 PM »
Everyone is cheering "de-dollarisation" but no one is asking, "what happens after that"?

Do you really think, that the same people who set up the post-WW2 system and rode it for 60+ years to their immense profit, power and control, are now going to flop over and say "well, we give up, here, take advantage of the post-USD boom times"?

They destroy one system so that they can benefit from its successor, which has been planned for and designed decades ago.  Guess what:  you ain't in their club.
Anchors Rewoven

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Re: De-Dollarisation.
« Reply #519 on: April 16, 2016, 04:38:38 PM »

Are you predicting there will be one global currency and one country governed by one set of politicians in the future? And is this why the US is building up troops around the globe?

I've not seen this movie yet....

It is not a movie so do not worry you will not miss it. Also this is not going to happen next week. But stand back and look what is happening around the world. 

If you would really look at this over the last fifty years our troops level around the globe is in decline and has been for a long time. Donald Trump recently  said that Japan and south Korea could have their own nuclear weapons and rely less on the USA. He got all kinds of flack over this but this is what really needs to be done. What we are doing now is failing to keep up with the military needs of our partners but not let them fill the gap on their own. You guys do not seem to realizes how much the USA military has been cut.  Example we used to have 600 ships now we have 200 ships. This stuff about our expanding is just Putin's propaganda making the USA the evil empire so Russia has a reason to keep him in power.

That is factually incorrect I'm afraid, the US navy currently has about 430 ships and submarines in service, and is expanding its spheres of influence in Europe (Land Sea and Air), the Med (inc Black Sea), and the far east...

https://en.wikipedia.org/wiki/List_of_current_ships_of_the_United_States_Navy

That's right we have the largest best trained military in the World.  If we ever get a real CIC with some balls the next time your puppet masters buzz one of our destroyers when we're doing lawful maneuvers in International waters we're going to surround that little Russkie enclave of Kaliningrad, crush it, and then give it back the rightful owner, Germany.  Any questions?  :laugh:

You may have the largest armed forces but most would disagree with best trained.

Offline Anteros

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Re: De-Dollarisation.
« Reply #520 on: April 16, 2016, 04:39:19 PM »
Everyone is cheering "de-dollarisation" but no one is asking, "what happens after that"?

Do you really think, that the same people who set up the post-WW2 system and rode it for 60+ years to their immense profit, power and control, are now going to flop over and say "well, we give up, here, take advantage of the post-USD boom times"?

They destroy one system so that they can benefit from its successor, which has been planned for and designed decades ago.  Guess what:  you ain't in their club.

 :thumbsup:
Be careful what you wish for, you might get it.

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Re: De-Dollarisation.
« Reply #521 on: April 16, 2016, 04:53:29 PM »
our interest in Europe was also declining. The level if influence is no where near what it once was in Europe. 

Well, you still occupy Germany (apart from stealing their gold), but in most of Europe, yes, an irrelevance. A spent force on the decline.

You've certainly got some nerve, I grant you that.  You're an unofficial mouthpiece for an Empire which lost an enormous amount of real estate the past few decades and now counts 1 naval base on foreign soil. 

As a Brit you're a citizen of one of the former great Colonial empires of the World and the pound once was the reserve currency of the World.

Could you or Wiz please remind us Americans how many overseas bases the United States has right now?  Sure, we're "irrevelant" and on the "decline".  Coming from the position you occupy that's as ripe as it gets.

Only you can convert the number of overseas naval bases into evidence of being a positive member of the global community. As Brits, we've matured enough to understand that blackmail, plunder, bullying & murder isn't a good thing. I just hope you lot learn quicker than we did but I won't hold my breath.

Online Wiz

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Re: De-Dollarisation.
« Reply #522 on: April 16, 2016, 06:06:24 PM »
Everyone is cheering "de-dollarisation" but no one is asking, "what happens after that"?

Do you really think, that the same people who set up the post-WW2 system and rode it for 60+ years to their immense profit, power and control, are now going to flop over and say "well, we give up, here, take advantage of the post-USD boom times"?

They destroy one system so that they can benefit from its successor, which has been planned for and designed decades ago.  Guess what:  you ain't in their club.

Neoliberalism – the ideology at the root of all our problems

The post-war consensus was almost universal: John Maynard Keynes’s economic prescriptions were widely applied, full employment and the relief of poverty were common goals in the US and much of western Europe, top rates of tax were high and governments sought social outcomes without embarrassment, developing new public services and safety nets.

But in the 1970s, when Keynesian policies began to fall apart and economic crises struck on both sides of the Atlantic, neoliberal ideas began to enter the mainstream. As Friedman remarked, “when the time came that you had to change ... there was an alternative ready there to be picked up”. With the help of sympathetic journalists and political advisers, elements of neoliberalism, especially its prescriptions for monetary policy, were adopted by Jimmy Carter’s administration in the US and Jim Callaghan’s government in Britain.

After Margaret Thatcher and Ronald Reagan took power, the rest of the package soon followed: massive tax cuts for the rich, the crushing of trade unions, deregulation, privatisation, outsourcing and competition in public services. Through the IMF, the World Bank, the Maastricht treaty and the World Trade Organisation, neoliberal policies were imposed – often without democratic consent – on much of the world. Most remarkable was its adoption among parties that once belonged to the left: Labour and the Democrats, for example.

Freedom from trade unions and collective bargaining means the freedom to suppress wages. Freedom from regulation means the freedom to poison rivers, endanger workers, charge iniquitous rates of interest and design exotic financial instruments. Freedom from tax means freedom from the distribution of wealth that lifts people out of poverty.

Where neoliberal policies cannot be imposed domestically, they are imposed internationally, through trade treaties incorporating “investor-state dispute settlement”: offshore tribunals in which corporations can press for the removal of social and environmental protections. When parliaments have voted to restrict sales of cigarettes, protect water supplies from mining companies, freeze energy bills or prevent pharmaceutical firms from ripping off the state, corporations have sued, often successfully. Democracy is reduced to theatre.

Like communism, neoliberalism is the God that failed. But the zombie doctrine staggers on, and one of the reasons is its anonymity. Or rather, a cluster of anonymities.

Neoliberalism’s triumph also reflects the failure of the left. When laissez-faire economics led to catastrophe in 1929, Keynes devised a comprehensive economic theory to replace it. When Keynesian demand management hit the buffers in the 70s, there was an alternative ready. But when neoliberalism fell apart in 2008 there was ... nothing. This is why the zombie walks. The left and centre have produced no new general framework of economic thought for 80 years.

The above snippets are part of a larger articled bublished on the Guardian 14 April 16 by George Monbiot

How Did We Get into This Mess?

May I remind our American friends.... that today, the US is not running the show on it's own.
The BRICS group was established and continue developing all the necessary parts to it's own economic system and very soon, when everything is in place then the American hegemony will have a new financial alliance to compete.

The US has the past 2 years  together with Saudi Arabia tried to bankrupt Russia using various methods but at the end has failed. Putin and his team of advisers are not the old guard of Yeltsin who sold everything for a song. Just count how many times won the match against Obama, the past 5 years and got him with his punts down!

We must not forget that Rurria, now, has huge assets of Gold and other cheap natural resources and  whatever the Neoliberals of washigton will try, they are not going to succeed as their assets to support their reserve currency are only toilet paper and debt.

If the Europeans delay to or not sign the TTIP then I am sorry but very soon your currency will be  :censored: and also your economy and you will have to escalate the WWIII, which you fight at present and have direct confrontation with the BRICS.
Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

Offline Anteros

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Re: De-Dollarisation.
« Reply #523 on: April 16, 2016, 06:17:48 PM »
our interest in Europe was also declining. The level if influence is no where near what it once was in Europe. 

Well, you still occupy Germany (apart from stealing their gold), but in most of Europe, yes, an irrelevance. A spent force on the decline.

You've certainly got some nerve, I grant you that.  You're an unofficial mouthpiece for an Empire which lost an enormous amount of real estate the past few decades and now counts 1 naval base on foreign soil. 

As a Brit you're a citizen of one of the former great Colonial empires of the World and the pound once was the reserve currency of the World.

Could you or Wiz please remind us Americans how many overseas bases the United States has right now?  Sure, we're "irrevelant" and on the "decline".  Coming from the position you occupy that's as ripe as it gets.

Only you can convert the number of overseas naval bases into evidence of being a positive member of the global community. As Brits, we've matured enough to understand that blackmail, plunder, bullying & murder isn't a good thing. I just hope you lot learn quicker than we did but I won't hold my breath.

We were not "bullying and murdering" when we saved you guys from your imminent demise in WW1.  Ask Wiz and I'm pretty sure he would tell you that we came to your rescue because of a backroom deal which became the Balfour Declaration.  Many if not a majority of US citizens supported Germany due to ethnicity.  One has to wonder if the World would have been better if we would have remained isolationist and let the Kaiser beat you lot in World War 1.  Some believe WW2 consequently never would have happened.

What is known for sure is we came to your rescue again in WWII.  So obviously I don't care for your attempt to smear my country with your lies.  Bush Jr. was not my favorite guy and Obama even worse.  Try to look before the past 15 years and perhaps you would have a better outlook about the USA.

Going forward if we pull back from the World a bit it's fine with me.  Any talk of the USA being "irrelevant" is just wishful thinking.  Any talk of a sudden collapse of the dollar is also wishful thinking, but especially foolish as it would hurt the World economy the most.

However I wouldn't hold my breath either if I was you, as the powers that be may have other plans.
Be careful what you wish for, you might get it.

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Re: De-Dollarisation.
« Reply #524 on: April 16, 2016, 08:11:32 PM »
Everyone is cheering "de-dollarisation" but no one is asking, "what happens after that"?

Do you really think, that the same people who set up the post-WW2 system and rode it for 60+ years to their immense profit, power and control, are now going to flop over and say "well, we give up, here, take advantage of the post-USD boom times"?

They destroy one system so that they can benefit from its successor, which has been planned for and designed decades ago.  Guess what:  you ain't in their club.

Yea these guys will be real happy with the new system. It will likely have the poor Chinese or African make as much as the average European or American. Or maybe we should say it in reverse, it will have the average European and/or American making as little money as the average poor Chinese or African. Then the world will be globalized and it will be a fair playing field for everyone. It will be a completely fair system. Surely all of these anti US people will be very happy with this type of system. Be careful what you wish for, you might get it. 
3) There has been no "threat" to invade Ukraine. The US invented that and fed it to a complicit media.