When you think about it, it's really quite a remarkable state of affairs for a nation to trust another nation so implicitly they give it physical control of (a non-trivial portion of) their treasury, in a sense. And now that is coming unravelled. Another marker of human civilization's slow deteroriation. I remember a time when I thought things would only keep getting better and better with advances in technology and information sharing.... how naive I was.
I didn't say it was. Do you believe that there's an upwards trend in global geopolitical stability, or even simply general well-being? If you do, we certainly don't share that opinion.
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When you think about it, it's really quite a remarkable state of affairs for a nation to trust another nation so implicitly they give it physical control of (a non-trivial portion of) their treasury, in a sense. And now that is coming unravelled. Another marker of human civilization's slow deteroriation. I remember a time when I thought things would only keep getting better and better with advances in technology and information sharing.... how naive I was.
They’re not moving it to the Netherlands. There’s still plenty of countries that the Dutch trust, but the US no longer seems to be on that list.
They still keep gold with the New York Fed, this was just a rebalance:
What building in Ottawa has 15 billion dollars of Dutch gold in it ?
The Bank of Canada at 234 Wellington Street. If you try standing around taking photos for over fifteen minutes or so, let us know how that works out.
I also would like to know. GPS location anyone? I'm asking for a friend
Yes policeman right here
all of human civilisation =/= the USA
I didn't say it was. Do you believe that there's an upwards trend in global geopolitical stability, or even simply general well-being? If you do, we certainly don't share that opinion.
Yes, things are really great everywhere else.
not human civilization, just the United States.