Originally posted by Left Hook Tua
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People also do not understand that the dollar is far and wide the most stable measure of economic stability. Nothing has the insurances that the dollar has. China would shoot itself in the foot if it ever hurt the dolllar. The only exception to that understanding is the Gold standard itself. China has the most gold of any nation. Just something to be aware of.
Regarding the Ukraine: America had to pick a strategy and stick with it. There was never going to be a right/wrong response. Don't get involved? Russia becomes a bigger player and becomes a threat with China, Putin also has disregarded the political process to hold on to power... so we get two dictators with a reason to undermine this country. back Ukraine? well the political machine had better be consistent and continue to do so... The biggest disAster now would be to lose all that capital we invested by pulling the plug.
Something I struggle to get understood: the world has become a very dangerous place... America risks losing everything if we let tyrants destroy the world around us. If we had stayed out of the Ukraine then we would have had to draw a line in the sand... There was always going to be a point where Russia's actions had the potential to harm America... So here we are...
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