Sun is setting on the US Dollar as the world's informal, reserve currency

[EZLivin]

"...And setting up a retirement account and maintaining it can often be too difficult, expensive and time-consuming...."

Oh ya, real fricking difficult. Open an IRA account with a financial institution, write a contribution check or set up a monthly contribution. Real fricking difficult. They will probably send a free pacifier and diaper to everyone who opens a "MyRA."

 

[Jammer Six]

One only has to look at Europe to see how poorly the idea of a super-currency (the Euro) is working for them.

Yeah...

The Germans work a thirty hour week, the French a thirty five.

It's killing them!

 

[ATCclears]

You really want to put France on a pedestal? France is falling apart.

Germany alone cannot support the problems already in the Southern countries such as Spain, Greece, and more.

 

[EZLivin]

Socialism is imploding worldwide. Europe and the US just don't realize it yet.

(Correction: European and US politicians and bureaucrats just don't realize it yet.)

 

[Grunwald]

Yeah...

The Germans work a thirty hour week, the French a thirty five.

It's killing them!

Cannot comment on France but the line about Germany is complete bs. Try feeding it to someone who actually does not know people who work in Germany.

 

[Grunwald]

The idea behind the Euro is actually better than the USD. It removed the ability of local governments to inflate their currency and it was supposed to force them to maintain fiscal discipline.
Good try, but sociopathic leeches cannot keep their grubby paws out of money basket.

 

[EZLivin]

"Break time everyone! See you in 3 months!"

 

[ATCclears]

The idea behind the Euro is actually better than the USD. It removed the ability of local governments to inflate their currency and it was supposed to force them to maintain fiscal discipline.
Good try, but sociopathic leeches cannot keep their grubby paws out of money basket.

Watch a few vids of Nigel Farage, and then tell me that the Euro is still "grand".
Farage: Not Enough Lifeboats on Euro Titanic - YouTube

 

[DMax]

For all you that think the dollar is safe. Check this out as we have been here before.

Scary 1929 market chart gains traction - Mark Hulbert - MarketWatch

 

[Burt Gummer]

No Janet Yellen, The Economy Is NOT ?Getting Better?

 

[Burt Gummer]

Socialism is imploding worldwide. Europe and the US just don't realize it yet.

(Correction: European and US politicians and bureaucrats just don't realize it yet.)

We would be much worse off if it were not for the Petro Dollar scam. It is the only reason we are not yet the world's economic sewer.

Unfortunately, we are headed that way and many have heard the warnings and do nothing.

http://theeconomiccollapseblog.com/...people-to-start-behaving-like-crazed-lunatics

 

[Burt Gummer]

Banking/credit explained

http://theeconomiccollapseblog.com/...bal-economic-crisis-is-starting-to-catch-fire

 

[erudne]

• <broken link removed>

BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez on Monday will meet bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest debt default, a government minister said.
The meeting comes as Fernandez's leftist government struggles to kick-start growth and contain runaway consumer prices after failing to complete a June interest payment to Soros and other holders of bonds restructured after a previous default.
Soros' portfolio also includes a 3.5 percent stake in Argentina's state-controlled energy firm YPF (YPFD.BA). Buenos Aires has frequently cited the Hungarian-born magnate's investments in the country as a signal of investor confidence in the $490 billion economy.
http://www.reuters.com/article/2014/09/22/us-argentina-debt-soros-idUSKCN0HH1ZI20140922