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<blockquote data-quote="vantexan" data-source="post: 4527000" data-attributes="member: 24302"><p>The British Pound wasn't the world's reserve currency. If our currency collapses banks around the world are going to collapse. Much more interconnected now. That debt we have? That's sold as bonds to other nations and paid back with our Dollars. Look at it this way, if the economy is so bad that even the Dollar collapses then the world economy is in really bad shape too. But the powers that be are going to try to keep that from happening.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4527000, member: 24302"] The British Pound wasn't the world's reserve currency. If our currency collapses banks around the world are going to collapse. Much more interconnected now. That debt we have? That's sold as bonds to other nations and paid back with our Dollars. Look at it this way, if the economy is so bad that even the Dollar collapses then the world economy is in really bad shape too. But the powers that be are going to try to keep that from happening. [/QUOTE]
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