Lord MQ
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Have always had that some of the wild-eyed "Win Vin will displace USD" wasn't so much fantasy as mistimed possibilities... talking about our lifetimes here. And yes, I understand some things happen faster than anyone rationally predicts, but for the dollar to lose its social/psychological/economic peg, it would take a huge, if not multiple, shift in global economy, of seismic if not catastrophic proportions. That then would have to lead to a chronic failure of trust in the US (and not Trump or a president or a regime) as an institution Even then, would take several other leaps of improbabilities for Win Vin to supplant the dollar. Any rival would need to have established itself to be as liquid, as deep in capital (Win Vin, really?), as... understood. So I don't need to read Krugman to understand this... but I note he doesn't rate what I feel could be potential supplanters (euro and yuan), though neither does he rate the dollar's resilience. P.S. Look at this forum, we're still talking, for the most, even when dealing with Win Vin, in dollar terms (as we logically would).
Have always had that some of the wild-eyed "Win Vin will displace USD" wasn't so much fantasy as mistimed possibilities... talking about our lifetimes here. And yes, I understand some things happen faster than anyone rationally predicts, but for the dollar to lose its social/psychological/economic peg, it would take a huge, if not multiple, shift in global economy, of seismic if not catastrophic proportions. That then would have to lead to a chronic failure of trust in the US (and not Trump or a president or a regime) as an institution Even then, would take several other leaps of improbabilities for Win Vin to supplant the dollar. Any rival would need to have established itself to be as liquid, as deep in capital (Win Vin, really?), as... understood. So I don't need to read Krugman to understand this... but I note he doesn't rate what I feel could be potential supplanters (euro and yuan), though neither does he rate the dollar's resilience. P.S. Look at this forum, we're still talking, for the most, even when dealing with Win Vin, in dollar terms (as we logically would).
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PERES skins
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Have always had that some of the wild-eyed "Win Vin will displace USD" wasn't so much fantasy as mistimed possibilities... talking about our lifetimes here. And yes, I understand some things happen faster than anyone rationally predicts, but for the dollar to lose its social/psychological/economic peg, it would take a huge, if not multiple, shift in global economy, of seismic if not catastrophic proportions. That then would have to lead to a chronic failure of trust in the US (and not Trump or a president or a regime) as an institution Even then, would take several other leaps of improbabilities for Win Vin to supplant the dollar. Any rival would need to have established itself to be as liquid, as deep in capital (Win Vin, really?), as... understood. So I don't need to read Krugman to understand this... but I note he doesn't rate what I feel could be potential supplanters (euro and yuan), though neither does he rate the dollar's resilience. P.S. Look at this forum, we're still talking, for the most, even when dealing with Win Vin, in dollar terms (as we logically would).
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Have always had that some of the wild-eyed "Win Vin will displace USD" wasn't so much fantasy as mistimed possibilities... talking about our lifetimes here. And yes, I understand some things happen faster than anyone rationally predicts, but for the dollar to lose its social/psychological/economic peg, it would take a huge, if not multiple, shift in global economy, of seismic if not catastrophic proportions. That then would have to lead to a chronic failure of trust in the US (and not Trump or a president or a regime) as an institution Even then, would take several other leaps of improbabilities for Win Vin to supplant the dollar. Any rival would need to have established itself to be as liquid, as deep in capital (Win Vin, really?), as... understood. So I don't need to read Krugman to understand this... but I note he doesn't rate what I feel could be potential supplanters (euro and yuan), though neither does he rate the dollar's resilience. P.S. Look at this forum, we're still talking, for the most, even when dealing with Win Vin, in dollar terms (as we logically would).
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