In a decade from now China will own more than enough dollars to prevent a dollar collapse.

They probably own more than enough already. 

Perhaps if USA could keep its military and medical spending in check then we would actually have a balanced budget or surplus. All these other programs Republicans and Democrats bicker over are nothing compared to military, medical and social security.  We need to balance the budget but not the Tea Party way...  They just want to cut programs that barely add anything to the budget yet keep military spending flying hugh...  If we could stay out of a war for a decade or two then maybe we could run a surplus.

Not in our lifetime.

Much better for them to keep the ship rolling then.

It'll come as the greatest shock in the history of the modern world when 150 million Chinese live in the US. Hope you guys see it coming. 

The worst is that they work so hard. You guys will never find a job ever again. Except maybe working for a Chinese man.

but if usa itself backs the dollarby gold then it might work

i agree with you

i used to bang on financial collapse and ww3,that was2 yearsago.i stillam not saying thatit will not happen.

i was concerned as my family was invested in real estate and i though it would go down and it did.

i am from Mumbai,India and i have just passed college

and nope there is no agenda,just a discussion over finance

Whenever enough nations get behind the idea of the "Bancor".

Which seems really unlikely considering how we are moving farther and farther away from a resource based economy.


Outside that... not anytime during any of our lifetimes... barring huge USA fuckup that would be so big and definitive, that it would be downright silly to speculate when such a thing would occur.

It'll be replaced by the amero. The currency of United American Nations.

or We could opt for Cobra's Economic Recovery Plan