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RE: There will come a time when the "Horse Dung" Paper Derivative Contracts are rendered worthless..!!

in #news8 years ago

Way to put it all in perspective! I agree with almost every detail in the post but am skeptical about China becoming the foremost superpower. They don't have the bedt problems that we have but they have population problems. How will they deal with their population problems? It has seemed to me that they would need to do something drastic in order to create the most simple piece that any superpower needs, space. Not that they couldn't do it. Since they have invested a ton in our debt, they could theoretically cause a situation where we cannot pay our obligations and "take over" our resources. Just curious your thoughts on the chain of events that would go down leading to China's overtaking the US globally. Not to mention replacing the global currency with the Yuan. Thanks for the write up!

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