Shadowalker said:
Now, please times 2 (at least) when you calculate money that Chinese used for defense and divide 2 when you caluculate money that USA used for defense.
Whats this about?
say, 1 dollars used to worth 8.29 RMB, months later, it only worth 4.00RMB. What it means: if you go to internaional market, you used to buy 10 eggs , now you can only buy 5 eggs, Chinese just reverse it.
Soon, when enough people & coutries realize this, they begin to change USA dollars with RMB in huge number, US dollar will not beomce world-currency anymore. Since US government borrow so much money from other countries at this time (in US dollars), most countries will request rutern of the money immediatly cause they realize dollars are devaluating. When all the countries request returing of the money at the same time, US government will become bankrupt.
REMEMBER: US deficit is all-time high, never been such high!!!
For you life, if you still earn $5000 month and get paid by US dollars, you
will not get respected as before if you go to Japan or Asia anymore, caue they might just earn some money as they earn. In US domestic, you will quickly find every price is increasing dramatically, back to the eggs, you will find 10 eggs need 2 dollars instead of 1 dollar.
By then, the whole world currency price will finish the modification. US dollars lose the dominent position and so is the credibility of US government. If it happen furiously, it will end USA.