Even Mexico is dumping the dollar!!!

[Calz]

Another nail in the coffin.

America cannot monetize debt for long ...


http://www.thepeoplesvoice.org/TPV3/Voices.php/2011/02/03/mexican-government-successfully-sheds-th

[Lost Soul]

The Mexican government in September 2010 enacted a new law which basically restricts the use of US Dollars for almost all purchases inside of Mexico.

So the dollar is no longer acceptable for transactions within the borders of Mexico. It doesn't mean that the dollar isn't acceptable for international trade with Mexico. Still, as the article says, it is a move to remove the dollar from within their own borders, making Mexico less vulnerable when the dollar collapses.

[Calz]

The Mexican government in September 2010 enacted a new law which basically restricts the use of US Dollars for almost all purchases inside of Mexico.

So the dollar is no longer acceptable for transactions within the borders of Mexico. It doesn't mean that the dollar isn't acceptable for international trade with Mexico. Still, as the article says, it is a move to remove the dollar from within their own borders, making Mexico less vulnerable when the dollar collapses.

Just more visible indication of what is going on.

How many years have we heard that for the nwo to get through they would have to bring down the usa???

Mexico itself isn't the story here (aka another nail in the coffin).

How many of the previous creditors to the US have shut off credit???

How long can the usa monetize the staggering debt???

At best there is massive inflation coming.

It all starts on an economic level and that has a dramatic impact on the food distribution etc. Even on the food production level if you double the price of fuel what does that do to the price passed along?

We don't need Charles or anyone else to tell us about weaponizing food ... look at the legislation being passed (for many years actually) and it pretty simple to follow along.

Anyhow ... I digress ... it starts with the $$$$

[conk]

It seems, according to Keynesianism, that they can inflate to infinity. But each dollar will be worth less than any leaf on the ground.

Another big problem brewing in Mexico is 'tribal' in nature. All of these so called rebel factions are in fact groups of people who are fighting centralization. They become 'terrorists' as a last gasp attempt to fight off control. Civil war that will spill into the USA.

[Calz]

It seems, according to Keynesianism, that they can inflate to infinity. But each dollar with be worth less than any leaf on the ground.

Another big problem brewing in Mexico is 'tribal' in nature. All of these so called rebel factions are in fact groups of people who are fighting centralization. They become 'terrorists' as a last gasp attempt to fight off control. Civil war that will spill into the USA.

Yep you can inflate to infinity and each dollar worth a leaf ... or the ol' wheelbarrow full of dollars to get a loaf of bread.

As for cival war spilling over ... if the dollar suddenly is worth a dime ... perhaps there will be a little "cival unrest" here without it???

[Calz]

Interesting 7 minute utube regarding food/currencies/housing.

I would not agree with the timeline they offer but do agree with the assertions being made.

Cannot yet post attachments (sorry).

Take the time to follow the link for this short video if you are interesting in the financial side of current events:


http://www.youtube.com/watch?v=Qi8fV8n_UBM

[JDM]

I wonder if the USD will ever get as usless as this:

http://ts3.mm.bing.net/images/thumbnail.aspx?q=407034005250&id=972f6410506e2113307c5e7f97d5958f&url=http%3a%2f%2fscrapetv.com%2fNews%2fNews%2520Pages%2fEveryone%2520Else%2fimages-7%2fzimbabwe-100-trillion-dollar-bill.jpg

Yes thats a real Zimbabwe 100 trillion dollar bill.

They are now useless, and have been floating around on the streets there.

The only value they have is when someone gets a few and sells them to collectors. Or people that would just like to have one for kicks.

[Calz]

I wonder if the USD will ever get as usless as this:

http://ts3.mm.bing.net/images/thumbnail.aspx?q=407034005250&id=972f6410506e2113307c5e7f97d5958f&url=http%3a%2f%2fscrapetv.com%2fNews%2fNews%2520Pages%2fEveryone%2520Else%2fimages-7%2fzimbabwe-100-trillion-dollar-bill.jpg

Yes thats a real Zimbabwe 100 trillion dollar bill.

They are now useless, and have been floating around on the streets there.

The only value they have is when someone gets a few and sells them to collectors. Or people that would just like to have one for kicks.

LOL

Price in Dinars ... who knows :wof:

Price in Dollars ... shrinking :wof: :wof:

Price in Zimbabwe (whatever) ... PRICELESS!!! :hail: :hail: :hail:

Great find

[Calz]

IMF calls for dollar alternative for world's reserve currency.

http://money.cnn.com/2011/02/10/markets/dollar/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29&utm_content=Google+Reader

***edit***

Adding link for related topic.

In China, Tentative Steps Toward Global Currency

http://www.cnbc.com//id/41523008

*** 2nd edit***

And now France throws it's hat into the ring:

http://www.rte.ie/news/2011/0214/g20-business.html

[GlassSteagallfan]

... if the dollar suddenly is worth a dime ...


The dollar is already worth less than a dime.
http://tribes.tribe.net/2012the-end-times/photos/013e009e-f1eb-4021-8884-b13e7f477588

[Teakai]

Maybe it's all to do with the NYSE being bought up by Germany being in the works.

http://www.pbs.org/nbr/site/onair/transcripts/deustche_borse_buys_nyse_110215/

Lindsey Williams said on an interview with Alex Jones that 3 weeks after an event in theMiddle East the US dollar would collapse.