I would bet really good money the "snap" will come right before the 2012 election, sort of like when the economy "snapped" right before 2008 election which helped propel Zero into office
I think it really depends on close Obama is to losing
Otherwise, we have to look at China’s actions this week, and recognize their hostility toward us, and prepare for war.
Let's agree to disagree. China has just as many problems as we do, in many ways even more.
China collapsing the dollar really doesn't make sense for the long term and the Chinese do one thing well is think long term
China has no long term interest yet in seeing America kneel before it. They are not prepared to lead the world and they know it. Their banking system is still primitive in many ways, why do you think they are buying dollars??? They don't have the structure in place yet to be the worlds reserve currency
Right now they need us as bad as we need them.
I wouldn't say that in 5 years
What you appear to be missing is that the world already has a ‘new’ reserve currency, and the new currency is the old currency: Intrinsic value.
Gold is the most obvious in this, but far from the only element. Intrinsic value can no longer be hidden, nor manipulated by the global elite, because the resources are in fragmented hands that see no value in cooperating.