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Nuxfanabroad

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Nuxfanabroad last won the day on April 16 2017

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  1. How loyal are NHL'ers?

     

    Imagine the US economy/$ crashed, & it's no longer the world's reserve currency? Brit Central banker Mark Carney suggested this, just after the G7 debacle in France.

     

    Say the Russian/Chinese currencies went ballistic..would pursuit of Lord Stanley still mean as much?

     

    How many hired guns(w/ a Jagr spirit) run off in pursuit of whatever currency runs the whole show?

     

    They've suggested SOME currencies might even be backed by gold, someday.

     

    NHL would be affected by world economics more than any of the 4 major NA'n sports, I'd wager.

    1. Show previous comments  1 more
    2. Nuxfanabroad

      Nuxfanabroad

      But the other 3 sports would be dogmeat, minus the US athlete. Hockey's source is far more diverse, with the Euro-contribution getting close to 50%.

       

      If the stars ever went abroad(in search of worthwhile loot $$) the Leagues might unite, to fight for one trophy. It might resemble world football/soccer, with players transferring like fur & beads!

    3. Ghostsof1915

      Ghostsof1915

      Considering they are in the midst of negotiations for the next CBA that might trigger another lockout. 

      I think a major downturn would spell doom for the CFL.

      NFL might hurt for a bit, but it's TV revenue will still keep everything going. 

      It also means NBA and MLB would probably see some ramifications on player salaries. 

      I think MLS is vulnerable as well as they are expanding I think too fast like the NASL before it. 

      That could really mess up the league. 

       

       

    4. SabreFan1

      SabreFan1

      The gold standard is dead and gone and will never return.  Chinese currency may one day very well replace the USD, but not while Xi Jinping and the communist party keep a solid grip on their economy.

       

      Eventually the US is going to have to do one of two things that will spell the end of the USD as the world's defacto standard:

       

      1:  Enormously devalue the dollar by electronically creating trillions of new dollars a year to balance the budget and pay down the national debt.

       

      2:  Default on all debt.

       

      The first option is by far the most likely event to happen eventually.  Either one would be the beginning of the very quick end of the US being the sole dominant world power.

    5. Show next comments  15 more
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