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Posts: 230

Governor

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Q: New World dollar: October 20, 2015?

Could this be why there is all this stocks crashing and devaluation chaos? Is the world bracing itself for a new financial chapter? Is China repositioning itself in anticipation? Will the Chinese Yuan replace the US dollar as the world's Reserve currency? so many questions, not enough answers...Ladieeeees and Gentlemen, we introduce to you: The Neeeeeeeewwwwwww Worrrrrrrrrrrrld disssssss...Orrrrrrrrrrrrrderrrrrr. Where nobody knows what tomorrow's schedule is Nobody !!!!.....not even the School Principal 

8 years 31 weeks ago in  General  - China

 
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Posts: 2878

Shifu

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Is this a joke? It's gotta be. Thats so clearly not a reliable website.

Iron12:

Its a real joke mate, do some research on that date: October 20, 2015

8 years 31 weeks ago
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expatlife26:

All I see on that date is a bunch of nonsense about the new world dollar from a bunch of unsourced, disreputable outlets.

 

What i'm asking is are YOU a real person who thinks this or are you posting this as a gag.

 

Tell you what, if there's a new currency released on that date which replaces the dollar send me your address and i'll EMS you a new small appliance of your choice. So like a microwave, rice cooker, blender type of thing. Seriously.

 

Unless of course my money is no good by that point.

8 years 31 weeks ago
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Iron12:

You owe me an ipad mini bruv

8 years 31 weeks ago
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Iron12:

Do you think I made this up and ..somehow got a bunch of websites to peddle this?
 
Im good, but im not that good
 
I just dont understand whats the significance of that date...they say thats when IMF roundtable sit down and discuss...but where this is coming from...im just as bemused

8 years 31 weeks ago
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expatlife26:

Hey I said small appliance not consumer electronics. Just for that you get toaster. Haha I dont think you made this up, but I think youre having a few laughs posting this.

8 years 31 weeks ago
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Iron12:

yea offcourse im having a laugh,
 
 
but on a more serious note, if it does happen...hmmm i will settle for a sandwich maker

8 years 31 weeks ago
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expatlife26:

haha I gave my word. If a new world currency comes out I will totally get you a sandwich maker.

 

Provided my money is still good!

8 years 31 weeks ago
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8 years 31 weeks ago
 
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Posts: 2878

Shifu

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Is this a joke? It's gotta be. Thats so clearly not a reliable website.

Iron12:

Its a real joke mate, do some research on that date: October 20, 2015

8 years 31 weeks ago
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expatlife26:

All I see on that date is a bunch of nonsense about the new world dollar from a bunch of unsourced, disreputable outlets.

 

What i'm asking is are YOU a real person who thinks this or are you posting this as a gag.

 

Tell you what, if there's a new currency released on that date which replaces the dollar send me your address and i'll EMS you a new small appliance of your choice. So like a microwave, rice cooker, blender type of thing. Seriously.

 

Unless of course my money is no good by that point.

8 years 31 weeks ago
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Iron12:

You owe me an ipad mini bruv

8 years 31 weeks ago
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Iron12:

Do you think I made this up and ..somehow got a bunch of websites to peddle this?
 
Im good, but im not that good
 
I just dont understand whats the significance of that date...they say thats when IMF roundtable sit down and discuss...but where this is coming from...im just as bemused

8 years 31 weeks ago
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expatlife26:

Hey I said small appliance not consumer electronics. Just for that you get toaster. Haha I dont think you made this up, but I think youre having a few laughs posting this.

8 years 31 weeks ago
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Iron12:

yea offcourse im having a laugh,
 
 
but on a more serious note, if it does happen...hmmm i will settle for a sandwich maker

8 years 31 weeks ago
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expatlife26:

haha I gave my word. If a new world currency comes out I will totally get you a sandwich maker.

 

Provided my money is still good!

8 years 31 weeks ago
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8 years 31 weeks ago
 
Posts: 3256

Emperor

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Iron12:

You should see the look on your face!!!

8 years 31 weeks ago
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8 years 31 weeks ago
 
Posts: 2878

Shifu

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What's so ridiculous about that kind of fear mongering...is what would a "new world dollar" even be?

 

Like a Euro-style currency union?

 

Lets say for the sake of argument that happens...all of a sudden the all-powerful IMF says "Surprise Assholes! Here's your new money. Deal with it." 

 

Clearly we'd have a grace period to exchange our existing currency because it is certainly not in the interests of FUCKING BANKS WHO LOAN MONEY for everyone in the world to suddenly have no means of servicing their debt.

 

So we exchange our money for Official NW Dollars. Then what?

 

We're all like europe under the euro? Would that really change our lives that much?

 

I think the euro has been a marginal/mixed success. Hasn't done tons of good, but done some good, and of course has some downsides eliminating monetary policy options.

 

But it's not some apocalyptic scenario. Moderately good in some ways moderately bad in others.

 

So why the secrecy? Why not force it on us gradually over time like they did with the Euro? All it would do is panic everyone to have a suprise announcement like. To what benefit is that?

 

The one thing you can count on banks/financial institutions to do is act in their best interests. This is not in their best interests.

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8 years 31 weeks ago
 
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Governor

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Why would the US agree to loose dollar's dominance in the world market? 

 

there is no significant requirement of new currency, unless we want every country to come under same economic regime... the dollar has a priority and it helps the country economically. If suppose a world currency is developed, It would effect the race of development --- economic evolution.

 

 

This comment was from general understanding, I am not an expert in economy neither did any research. I baidued the date but... nothing important!

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8 years 31 weeks ago
 
Posts: 1198

Shifu

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Anything written on the internet instantly becomes true. There, I just wrote that - it's true.

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8 years 31 weeks ago
 
Posts: 1142

Shifu

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The faster the stock market falls the greater the number of trolls under the bridge.

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8 years 31 weeks ago
 
Posts: 230

Governor

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I am NOT trolling, why do you ignore my question: What is the significance of this date: October 20, 2015?? is this date somehow connected to the stock crash? thats all im asking now im being pelted with stones and rotten eggs, being called names...speaking of which whoever calls me "fake" can Pisss Offf..go to hell I see more ridiculous posts here on ECC, if my post does not appeal to you walk on by... Punch that date in any search machine you will get some results I DID NOT publish those results 

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8 years 31 weeks ago
 
Posts: 1198

Shifu

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Any crack pot can post stuff on the internet. Take yourself for example. I'm at least a little surprised that you can manage to use a computer at all. You are a living example of how people can overcome huge disabilities to attain their goals - even if their goals are misguided and meaningless. the results for the search that you suggested come up with absolute rubbish. Tin foil hat conspiracy nonsense - which seems to be a theme of late (no offence icnif!noangry)

 

You are either a troll or someone who is incredibly gullible and possibly mentally retarded. I hope for your sake that you are a troll.

icnif77:

I'm not offended, but which 'tin one' are you considering here?

'China can sink $US' is exactly what is happening at the moment. Not that I didn't read about that option in economy researches before. Today's links:

http://www.zerohedge.com/news/2015-08-26/bill-gross-asks-64-trillion-question-china-dumping-treasurys

http://www.zerohedge.com/news/2015-08-26/lowest-bid-cover-2009-ugly-tailing-5-year-auction-china-dumping-story-picks-steam

 

'buy PM bullion' is still on. That's the only way, one wouldn't feel recent devaluation or looming recession/deflation. However, I'm rooting for Gold to get into US$1070-1050/oz range, where I'm buyer again.

8 years 31 weeks ago
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Iron12:

@nzteacher80
 
Coookooo
 
You still have not answered the question: why that date/ is it just random? or does that date signify something?

8 years 30 weeks ago
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8 years 31 weeks ago
 
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Emperor

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I think you dropped this.

Iron12:

yeeeeeaaaaa the eye on the dollar/ is the only light we follow/
because its dark/
so when i spark// a light i ignite/

8 years 30 weeks ago
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8 years 30 weeks ago
 
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Answer of the DayMORE >>
A:  "... through ..."?  Only "through" comes to mind is "S
A: "... through ..."?  Only "through" comes to mind is "Shenzhen agent can connect you with an employer, who's authorized to hire waigouren ... and can sponsor Z visa." It's not like every 10th person you meet in Shenzhen's hood can sponsor work visa ...  The only way to change from student to labourer visa is just a regular way by: 1. Finding an employer, who'll apply for an Invitation letter; 2. Exit China and apply for Z visa in your home country's Chinese embassy; 3. Enter China in 30-days after Z visa was stamped into your travelling instrument ...As I am aware, you won't be able to switch to Working permit by remaining in China....,so make ready for a return to your home .... -- icnif77