Can they keep the USD alive?

cmiller17363 · Postby **cmiller17363** » Thu Nov 30, 2017

Do you see the USD (as it is today) surviving for another 5 years? There is a similarish poll but let's do a fresh one. That one is almost 5 years old and things have surely changed. :grinch:

Rik Bitter · Postby **Rik Bitter** » Thu Nov 30, 2017

I don't think you'll get many people to go against the USD with a 5 year window. Which got me thinking, what time frame does the answer to the question start to get a little more difficult to predict? For me it's around 20 years, the deficit will likely double again 40T+ and a the debt bubble will be crazy hard for TPTB to maintain.

I need to get to work on my redoubt/hermitage.

Bucketeer · Postby **Bucketeer** » Thu Nov 30, 2017

Rik Bitter wrote:I don't think you'll get many people to go against the USD with a 5 year window. Which got me thinking, what time frame does the answer to the question start to get a little more difficult to predict? For me it's around 20 years, the deficit will likely double again 40T+ and a the debt bubble will be crazy hard for TPTB to maintain.

I need to get to work on my redoubt/hermitage.

I voted 5 years, but I think Rik is right.....20 years is probably more likely. Hang on to your wheelbarrels.

Bill* · Postby Bill* » Thu Nov 30, 2017

5 years may be too short but "nuttin' lasts forever".

Bucketeer · Postby **Bucketeer** » Thu Nov 30, 2017

"They'll be fighting in the streets"..................Food riots.

Stash cash. Gold and silver will depreciate %50. An economy needs cash.

Turtle · Postby **Turtle** » Sat Dec 09, 2017

Its gonna take a lot to kill it, but maybe Trump will institute gold standard or something.

silverback · Postby **silverback** » Sat Dec 09, 2017

I agree with Ron Pauls assessment that the petrodollar is key and when that structure is replaced with another currency ,its over. Watch for a {Gold backed} Yuan denominated oil exchange and you will have a time frame.I doubt the Chinese intend to wait {and waste} much longer....The end will come quickly when a Gold backed currency competes with a fiat currency .....which would you rather hold?