“The dollar funds America’s wars”
Published: 06 October, 2009, 20:35
Edited: 08 October, 2009, 18:01
China, Russia and other countries moving to shift from dependence on the dollar are tired of funding US wars, says activist and former stockbroker Max Keiser.
06.10.2009, 20:27
1 comment
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Max, love you to death, you turn economics into a fun thing that even a pot smoking junkie would understand. I just wanted to paraphrase what you saying, “the dollar is fighting the USA’s wars”, to “the USA is fighting the dollar's wars”, and we all pay for it. The way you present it, Americans are the enemy, they these strange people that love war, whereas I see it as, Americans are also victims of dollar hegemony. I think this crisis should be as much about the end of a way of thinking, as it is an economic solution. This should not be about transferring the booty from one pirates ship to another; it has to be about sinking all the pirates, a definite change to the culture of the system. In this crazy world we don’t even know who the enemy really is, bad Arabs, bad Americans, bad Russians, nah, don’t think so, this is really starting to smell like the same people under a different flag. The little people of the world are not my enemy. I don’t think economists and bankers have what it takes to make a better system. I suppose it is possible to make money turn in a toilet, but I think only the bankers will be clapping… what a waste of a once beautiful planet.
If the US economy collapses, it will drag down the rest of the global economy with it. As the epicenter of the blast, the US may be expected to suffer the worst, but the whole global economy could collapse with it. Furthermore, given the US's vast nuclear arsenal, extreme political instability in the US could have catastrophic results that could ignite WW3 and kill billions. It is obvious from this video that the man being interviewed in it is glad the US might collapse. This in turn causes me to question his impartiality on the question. A sudden US collapse would be severely against everyone's interests. A gradual US decline to more appropriate levels on the other hand may limit external damage and so is preferable to the globe. China is not a scrupulous country, and therefore I doubt it would care about America's wars. France is presently ruled by conservatives who are not against American foreign policy. Russia U.S. relations are at a high point, and Russia, not to mention France, supports the US in Afghanistan. The Middle Eastern regimes bask in and rely on our support. I think the real motivations behind potentially promoting a currency shift in the above nations are of self-interest and of acknowledgment that the problem is accumulating and will inevitably burst. It is not something so idealistic as promoting peace, except perhaps, paradoxically, for Iran. This currency shift likely has to happen, as US likely won't reform until it faces the consequences of its actions, and so the question asked is how can it be made to happen in the least harmful way for your nation? The shift may not happen in 9 years, as the vaunted British article may be dishonest and the unanimously denying officials may be being honest. But who can know? Be careful what you wish for.












I can not tell you how much joy I'd find in the total shutdown of America's funding mechanism for the exploits talked about. In other words, there are a whole lot of decent folks over here in the USA. The former USA is what I call it. Well --So Be It! Thanks to the people that encouraged my gold purchases, I'm coered there but already lost 40% on all I saved for for 10 years. I ate beans for 10 years so I could do that and in the end the 'bad guys' stole it from me. Over hear in the USA, you'd have a very hard time convincing people that they comprise ONLY 5% of the total global population. They're deceived and nuts.