Quote:
Originally Posted by DRob4JC
|
With the U.S. Dollar Relying on the 'Petro Dollar Premise" as the element that allows the U.S. to Print Money, as the top reserve currency.... maybe people need to ask .. what happens when the Oil is so low, that the Petro Dollar premise is no longer generating vast sums of money?
We would not be facing such questions if American Republican had not fought Obama 11 yrs ago, when he said... WE NEED TO REBUILD AMERICA'S ECONOMY AND DO SO AS A 21st CENTURY MODEL, WHERE IT IS A LEVEL PLAYING FIELD FOR ALL TO ENGAGE ACCESS AND OPPORTUNITY.
When he said: RE-Invest in Building America's 21st Century Economy, Republican turned it around and pretended that it was going to take money from the wealthy and give it to the non wealthy.
When the point was "INVEST" in Rebuilding.... !!!!!
If the dollar looses too much value, there will be many who will wish they had listened and not played the "let's attack Obama and fight the 'black man" by any and every means.
Now, America
has to Rebuild, and it has to do so to 21st Century Standards... All the Billionaires, who expect to remain being so, will have to invest in America or see their valuation decline dramatically.
The days of excessive Executive Compensation will meet its death call, and there won't be any more "giving millions of share to executive and over paying them to astronomical levels.
We will likely see people trying to "unload those mega sized homes" and stop boasting about how many bathrooms they have. Especially when the maintenance and tax cost start eating away at their pockets.
We saw it happen already to the 1980's and 1990's entertainers who had to sell when they are no longer being paid the $10-$20 million a film. Some of them now, can't get cast in a movie and if they do, they can't command top dollar. Unfortunately, they forgot to consider that "time" changes many things.
The $1 million and $2 million dollar cars, that already have no place to drive where the speed limit is at the high level these cars are claimed to perform at. So, they become "show pieces"... That market may change dramatically.
Something had to stop the run away societal train... No one knew what that something was, but we see now that it can be done and is done. Now... will we be smart enough in how we rebuild, to make function and not play the "make a few rich game"... because all the people with all the millions, have no place to go to flaunt it.
Right now, who needs a $20,000 dress or a multi thousand dollar purse, and a $5,000 suit ? who is going to pay a hundreds of dollars for "a pantie and bra set, that is being sold under the guise as being called by the name of "Bikini"... and what can a $2 million dollar wedding ring do for love... when love can exist without a ring... If love is measured by the cost of a ring, then people should have been more honest with each other and identified what they were selling and the other should have clarified what they were buying. Love itself does not submit itself to such {pricing or sales pitches} !!!
Who's chasing "infidelity now" ? and who's boasting about how many people they slept with?
Nobody is rushing around going crazy over who is showing their behind and exposing themselves in provocative poses.
The make up people can't paint the fact and fluff the hair... and now people are seeing the "Plain Jane and Plain John versions of people"....
it seems the Kardasian provocation and bicker and temps programming might just find that its run its course.
Society may well have to re-think its values.... Because none of that stuff offers any protections when facing Pandemic reality.