Quote:Since this thread is going again, I saw these this morning, seemed relevant:

 

https://www.washingtonpost.com/world/nat...story.html

 

http://news.antiwar.com/2015/08/10/anti-...iran-deal/

 

A couple pull quotes from the Washington Post Article 

 

"Not only would U.S. global credibility be undermined, Kerry said, but also the dollar’s position as the world’s reserve currency would be threatened."

 

" 'If everybody thinks ‘Oh, no, we’re just tough. . . . we can force people. . . . America is strong enough, our banks are tough enough, we can just bring the hammer down and force people to do what we want to do.’ "

 

First of all, America just went through essentially the largest monetary expansion in the History of Man.  Right now we're sitting just north of 100% Debt to GDP ratio and our national debt is growing at about 4-5 times greater than our GDP on an annual basis.  This is a large part of why for the first time our credit was downgraded.  If we are already at a point where another country can sit across the table from us and threaten our status as the reserve currency (vital to the strength of our currency and there is a meeting of the IMF scheduled for this October and they have threatened to introduce another Global reserve option) then this should be a bigger campaign item than what someone tweeted, what someone emailed or how someone is doing with NASCAR DADS.  There is no greater long term threat to the United States than our future economic outlook.  

 

Having said all that, there is nothing for them to replace the Dollar with on a Global scale.  No other currency has the volume and strength to replace the Dollar on the world stage.  the current proposal i believe has something to do with creating deposit recipts or some such thing for the IMF.  at current, the Dollar represents about 62% of world reserves and it would take a titanic shift in the short term for that to happen and the fallout would affect all countries not just the US.  

 

Also, I'm Glad that there are generals and heads of lobbying organizations who support the president and John Kerry.  The supreme Leader of Iran on the other hand, has written a book about how he will decieve America and eventually wipe us off the Map and in open defiance of the UN has sent the head of their Khudz force to Russia to work out the details of how many conventional weapons and ICBMS 150 billion dollars can buy you.  

 

Furthermore, the very idea that THE UNITED STATES needs to establish Diplomatic credibility on the world stage when dealing with the leading state sponsor of Terror is PREPOSTEROUS!  An Iranian General is already responsible for the killing of hundreds of Americans, they helped fund parts of the Insurgency in IRAQ, they fund terrorist organizations all over the world including those who openly attack our ALLY ISRAEL.  I'm leaving a lot out, but Any of these actions in and of themselves are acts of War, not to mention that they have already given the Middle Finger to the international community!

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