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The Dollar is Doomed and the Fed's Days are Numbered

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In this very recent interview with Bloomberg Jim Rogers says Asia is the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade.digg it http://digg.com/business_finan...

Channel: News & Politics
Uploaded: December 31, 1969 at 5:59 pm
Author: fagan411

Length: 05:35
Rating: 4.83
Views: 112814

Tags: china  depletion  devaluation  dollar  federal  inflation  oil  paul  reserve  ron  

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Video Comments

Ryshtyanna (December 31, 1969 at 5:59 pm)
The Federal Reserve is a brilliant con by those who created it. The victims are every man, woman and child who are forced to succumb to this system. If one is willing to do the research into it, WWI, WWII and Vietnam were wars engineered by the Reserve to ensure American involvement. War is an extremely profitable business for those who stand to gain the most from it, namely the Reserve. They don't care about the lives lost. They don't care about the people, nor does the current government.
sircesare (December 31, 1969 at 5:59 pm)
are you serious? the clown with the pink tie is crazy!!!! china will not have what it has if it wasnt because they are a real Dictatorship and second because they are the worlds Manufactorer if people dont manufacture anything from china anymore china will go bacnkrupt. and if the united states nationalizes all their money im sure we will b fine
moviedude111 (December 31, 1969 at 5:59 pm)
lol...people just want to be controlled.pass the popcorn, gotta go Sienfield is on.
davedavis22 (December 31, 1969 at 5:59 pm)
"what are they diong with all our money????"buying yachts, private jets, mansions, and ferraris
davedavis22 (December 31, 1969 at 5:59 pm)
who says they have to sell their goods here?once americans go bankrupt or now have to spend all their money paying off their debt accumulated from the past few years they won't be buying imported goods anyway.they can sell their goods in their own countries. especially after their currencies rise at the expense of the dollar and their people can afford them.
rusH1023 (December 31, 1969 at 5:59 pm)
I don't know know what gives you that idea. Your 2nd-rate country, who has followed the buffoon running this country for the last 8 years, is no better off. Calling the Fed "meaner" is ludicrous and makes me think that you're not quite as knowledgeable as your care-free, whimsical attitude might suggest. It's the central bank system itself, and its epicenter is in your part of the world.
flangelet (December 31, 1969 at 5:59 pm)
Why thankee kindly, yankie sir!WE British are controlled by our bankers, just as you are controlled by yours. Yours have a meaner streak though and are better at *rse-r*ping your population than ours are. Better pucker up and get on ready thar, massah!
rusH1023 (December 31, 1969 at 5:59 pm)
It would seem to me that Argentina had the same problem until 2004. You Brits are controlled by the same people. Don't worry, you'll still have someone to look up to.
flangelet (December 31, 1969 at 5:59 pm)
Like I friggin care about that!LOLYankland going down! Bargain basement usa!Say hello to that deflationary spiral for me, y'all!
rusH1023 (December 31, 1969 at 5:59 pm)
I see you visit any and all political/economic videos about America's downfall and spit your slime all over them. It better not come out that you live in a country run by the same banksters.


 
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