Dollar to be buried way before 2018

Visit: http://www.winston-williamspublications.com/Forex-Reviews - World's major powers including China and Russia don't want to 'finance' American military adventures anymore. That's the view of Max Keiser, finance critic and former stockbroker. He says China and Russia are interested in collapsing the US economy by rejecting the dollar.

Today, one reason why so many people are still poor is because of the very fact that their minds have been poisoned by financial myths. Because of this, to root out this problem, medicine in the form of education is necessary to cure people of these financial diseases. While there are many ways to approach this issue, one good way to solve it would lie in targeting the financial fairy tales itself. Among them, I find the misguided notion of higher risk equating higher returns most harmful. Thus, to find out why this belief is wrong, please read on!

As many of you can see, this idea about higher risk meaning higher returns is rather similar to gambling where you can only win more when the odds are higher. Here, people want something for nothing and if a person does not create value to earn his money, he will not value the rewards because they are obtained from luck, not hard work.

Given this, I find a quote from Thomas Paine most apt. This was what he said: "That which we obtain too cheaply we esteem too lightly". Thus, in the long run, even if wealth is created using this way, it will not be sustainable because it does not have the support of value.

In addition, since gamblers are the likely ones who subscribe to this concept, it is fallacious as they place more value in material stuff than people. When people think that material wealth has intrinsic value, they tend to focus on amassing it, incurring excessive opportunity costs instead of creating win-win situations where everyone grows.

This is in total violation of the producer principle where producers love people and use money to get rich. Instead, the believers of such financial lies show more traits similar to consumers where they love money and use people. When one does this, he may attract money but it is definite that people become estranged. However, to get rich, you must attract both and acting against it tends to bring more failure than success.

Furthermore, when investigated at greater depth, this idea simply means that to increase your chances of winning, you have to increase your likelihood of losing. In any way, this certainly does not make sense or even seem valid. For example, if you eat junk food every day, you increase your chances of winning a marathon?

Thus, instead of undertaking more risks to reap higher profits, our rewards should be tied to how well we reduce risk. After all, doesn't reducing your chances of losing improve the possibility of winning?

Hence, in conclusion, after carrying out so many acid tests showing the flaws of this belief, I believe readers now see that they do not necessarily have to take more risks to receive increased benefits. Instead, to win, you must reduce risk to the minimum as this will give you certainty and predictability of earnings.

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[Mr2wings]

Currency basket = Bastard in a basket

[EeyoreWhyBother]

I hope this guy is right. The US is completely irresponsible and self-centered. Even Canada is scrambling to move away from the American economy.

[illuminaz1]

@heatscore77 no you are just fucked. haha. as you make your bed so shall yo sleep

[shyawnlinmonk]

Give em the finger max!!!

[pmcsk01]

finally. phoney nation of the stupid and the fat with your fake currency, burn in hell!!!

[heatscore77]

@Thecoldwaterfall look out for palladium it will perform very nicely this year....and agreed dont pay um but then what....a whole lot of hsit storm i think

[Thecoldwaterfall]

@heatscore77 not palladium just silver.. default on CC... why not? Those companies are some of the ones attacking the worlds econ... so why pay'em?

[shockem22]

hahahahahaha @ 5:25-5:41

[heatscore77]

so do we just stop paying our credit card debts?....and buy silver and palladium!