| Latest Forum Topics / User Research/Opinions |
 Post Reply
|
|
What might happen 'IF' USD crashes eventually
|
|||||
|
Hulumas
Supreme |
08-Sep-2010 09:21
Yells: "INVEST but not TRADE please!" |
||||
|
x 0
x 0 Alert Admin |
USD=SGD. is just a matter of time !
|
||||
| Useful To Me Not Useful To Me | |||||
|
boyikao3
Master |
07-Sep-2010 20:41
Yells: "Money or reputation ?" |
||||
|
x 0
x 0 Alert Admin |
USD will never crash, Just like Thai baht never crashed. What will crash is EURO and it will most certainly disappear from the face of earth !
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Hulumas
Supreme |
07-Sep-2010 19:43
Yells: "INVEST but not TRADE please!" |
||||
|
x 0
x 0 Alert Admin |
I beg to differ, present world trading currency system is no longer valid to the current global economic progress and development . . . Therefore it is time to reevaluate and perhaps reformation of the global currency mechanism should have been on going process. United Asian regional currency existance is compulsary to rebalance the unstable global financial economic mechanism wisely and fairly.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Hulumas
Supreme |
07-Sep-2010 09:03
Yells: "INVEST but not TRADE please!" |
||||
|
x 0
x 0 Alert Admin |
All CHINA related stocks throughout the world are rocketing ! |
||||
| Useful To Me Not Useful To Me | |||||
|
smartrader
Elite |
20-Aug-2009 21:15
|
||||
|
x 0
x 0 Alert Admin |
China said they are still elementary student in capital management. They have to still buy US Bonds ....it will take a very very long time for them to unwind from US Treasuries... need not think too strategic since we are not paid to do so.. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
idesa168
Elite |
20-Aug-2009 18:18
|
||||
|
x 0
x 0 Alert Admin |
China is holding a huge pile of US$. They will not let US$ crash now as its asset will shrink. In order to divert it's risk, and capitalise on US$ to crash, they are on buying spree of world oil and oil refinery now. Even our dearest SPC is also bought over by Petro China. And their purchase is in US$. If one fine day US$ crash, China will be the one big winner. | ||||
| Useful To Me Not Useful To Me | |||||
|
AK_Francis
Supreme |
20-Aug-2009 17:37
Yells: "Happy go lucky, cheers." |
||||
|
x 0
x 0 Alert Admin |
Totally agreed with all d invaluable comments on largest US gov bonds holder, diversification of investment fr PRC and most importantly d cooperation fr d giants, may be add in India n Nippon, to uplift d current global weak economy. Cheers. | ||||
| Useful To Me Not Useful To Me | |||||
|
ten4one
Master |
20-Aug-2009 14:52
|
||||
|
x 0
x 0 Alert Admin |
Like it or not, China & USA must work together now and lead the world to kick start the economic engines for a smooth recovery. Any hicup will worsen the current situation. Therefore, a change in the current world trading currency is no good for the economy. Ten to twenty years downn the road....may be and who knows? Cheers! |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
pointer
Senior |
20-Aug-2009 13:55
|
||||
|
x 0
x 0 Alert Admin |
I dun think the Chinese is willingly to back USD for too long. Look at the spending spree of the Chinese state-owned companies, they are already buying assets from South Africa, Australia, Mexico, etc. |
||||
| Useful To Me Not Useful To Me | |||||
|
upforever
Member |
20-Aug-2009 12:50
|
||||
|
x 0
x 0 Alert Admin |
Speaking with the New York Times, a top Chinese economist explained why China is cutting its holdings of U.S. bonds by quoting John Maynard Keynes: “If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.”
|
||||
| Useful To Me Not Useful To Me | |||||
|
AK_Francis
Supreme |
20-Aug-2009 12:29
Yells: "Happy go lucky, cheers." |
||||
|
x 0
x 0 Alert Admin |
Ha ha, jangan tension, relax lah, PRC is still backing US mah!! | ||||
| Useful To Me Not Useful To Me | |||||
|
upforever
Member |
20-Aug-2009 11:33
|
||||
|
x 0
x 0 Alert Admin |
if one day oil price is no longer pegged to USD but to SGD, hor sey liao! | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
idesa168
Elite |
20-Aug-2009 11:22
|
||||
|
x 0
x 0 Alert Admin |
US$ is closed linked to Oil $$. Oil is traded in US$. If US$ crash, Oil will shoot out of the roof. And I think it's possible US$ will crash one fine day, but not overnight where people like Soros can capitalise on. | ||||
| Useful To Me Not Useful To Me | |||||
|
upforever
Member |
20-Aug-2009 11:19
|
||||
|
x 0
x 0 Alert Admin |
who is Buffets? dun prey prey. he advocated value investing.so if USD is no longer seen as valuable, what will happen next? certainly it will not collapse over night, but the warning is here. | ||||
| Useful To Me Not Useful To Me | |||||
|
niuyear
Supreme |
20-Aug-2009 10:36
|
||||
|
x 0
x 0 Alert Admin |
When Buffets start to talk about currency, i think there is going to be a currency crisis soon? And this time round, dont tell me is US$? Remember how much George Soros made during the sterling pounds crisis? followed by Thai baht that led to asian crisis 1997 and now may be US$? If it is so, our Temasek has indeed, made a good decision to exit Bank of America and venture into China market . China rawks......
|
||||
| Useful To Me Not Useful To Me | |||||
|
ten4one
Master |
20-Aug-2009 09:44
|
||||
|
x 0
x 0 Alert Admin |
Definitely not in the foreseeable future 'cos not one single Nation is able to come up with an alternative single world trading currency!!!! IT IS SIMPLY TOO BIG TO FAIL  Cheers!
|
||||
| Useful To Me Not Useful To Me | |||||
|
christan
Senior |
20-Aug-2009 08:56
|
||||
|
x 0
x 0 Alert Admin |
it will not happen as too many pple linked to it | ||||
| Useful To Me Not Useful To Me | |||||
|
Hulumas
Supreme |
20-Aug-2009 08:54
Yells: "INVEST but not TRADE please!" |
||||
|
x 0
x 0 Alert Admin |
It should be something beyond my imagination!
|
||||
| Useful To Me Not Useful To Me | |||||
|
MsAloevera
Member |
20-Aug-2009 02:48
|
||||
|
x 0
x 0 Alert Admin |
What do you think will happen to the financial market 'IF' the USD crash? Link to article http://finance.yahoo.com/tech-ticker/article/306287/Buffett-We're-Going-to-Be-Crushed-Under-Mountain-of-Debt?tickers=tbt,tlt,udn,uup,brk-a,brk-b,spy&sec=topStories&pos=9&asset=&ccode= |
||||
| Useful To Me Not Useful To Me | |||||