Hi Dolinar,
Re: well, seen from a different angle, ROW is realizing that a dollar of treasuries and other family jewels out of the US chest is not worth 1$ (of Au, eu etc) anymore.
Here's how one of my correspondents summed it up today:
Bush is "Spending money like druken sailors while tax receipts decline precipitously and then folks want to know why the US dollar is collapsing..."
Huge government deficits as far as the eye can see, war-mongering, private debt crisis, inflated real estate prices, zero recovery in CAPEX spending, sans DoD waste, corporate financials trusted less than the Sunday comics, government complicity with the corporate crooks, ethics near an all-time low, etc.
Where else does the Yanqui Dolore$ have to go but in the toilet?
"The answer my friend,
is pissing in the wind,
the answer is pissing in the wind."
Apologies to Bob Dylan |
