America declares war on world currencies: Thai opinion

[farang000999]

the gold price has already collapsed. down 25% while the markets up 25% ... nice 50% under performance there pals.

[yoshiwara]

The FED ... has a humongous amount of mortgage backed toilet paper,

That presumably would be the same toilet paper which paid out billions in profit in 2012.

[mikemac]

"However, sex is now cheaper in the UK than Thailand"......!!!!!! From what I have seen of the ladies of both nations, so it bloody well should be ! In fact they should be giving it away over there !

[PoodMaiDai]

Nice to have the US to blame for the Thailands problems.

They have to blame someone. Admitting to the public that they have zero control of their own currency would cause a loss of face so great it would be unimaginable.

[StevenHeidbriderSr]

I am so sick of America being blamed for all the worlds woes. In my Opinion maybe the good ole USA should stop trading with and Financially supporting ALL the worlds nations for a few Months and see what they say then!! Every country in the world would be ON THER KNEES BEGGING the US to come back.

[samran]

Who is blaming the US apart from a headline copywriter from a two bit English language newspaper?

[BradinAsia]

"However, sex is now cheaper in the UK than Thailand."

I'm no economist, but I'd suggest the lower price in this case may be due to lower quality of the product...

[swissie]

Possibly this thread should be re-started because all the input does not reflect the all deciding fact that

The US-Dollar is the worlds "reserve currency".

Discussions about "currency-wars" etc etc, disregarding the above fact, are exercises in futility.

Cheers.

[yoshiwara]

Who is blaming the US apart from a headline copywriter from a two bit English language newspaper?

...and an army of lunatic websites.

[samran]

Who is blaming the US apart from a headline copywriter from a two bit English language newspaper?

...and an army of lunatic websites.

...wearing tin foil hats.

[midas]

Here is the article in Russian about a bill (introduced by Mikhail Degtyarev) that has yet to become law. From google translation it appears that, should it become law, Russians would be allowed to hold euros, pounds, yuan and yen – but not dollars. The legislator involved (a nationalist) is also suggesting that the dollar system will collapse in 2017 after the next US Presidential elections. , here is guy in Moscow tweeting – - –

Russian Market @russian_market Follow

#BOOM Russian Duma to introduce a ban for keeping US Dollars in Russia. All accounts in USD must be closed within one month.

5:23 PM - 13 Nov 2013

http://top.rbc.ru/economics/13/11/2013/888429.shtml