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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: The Wharf who wrote (21734)10/14/2004 4:30:00 PM
From: sea_urchin  Read Replies (2) of 81084
 
Darleen > Looking out towards the future we cannot continue to act as an aggressor

Unfortunately, when one has the Mafia running the place, there will always be the attraction of the fast buck.

> more decisions have to be made through the UN

The US has put itself "outside the loop" where it, clearly, is not interested in anyone but itself and listens to no-one but itself. There's no way the US will abide by UN decisions unless it suits it to do so -- and that is unlikely to suit the others (except the UK and Israel, of course).

> You can't halt growth once it has started and it has started for the Eastern end of the world.

That's the whole problem -- the increasing economic, and ultimately military, power of the East and, contrariwise, the decline of that in the West. In a world of finite resources, it is clear one cannot have infinite growth. More and more, the constraint on resources and markets defines that the world economy is a zero sum equation -- what someone gains, another loses. And the simple truth is that the economic pie for the US is getting smaller. Unfortunately, its appetite is getting bigger and it is therefore becoming more desperate. The days when Uncle Sam was Mr Nice Guy are gone.

I suppose you are aware of this:

apnews.myway.com

>>For the year, America's trade deficit is running at a record annual rate of $590 billion, 19 percent higher than the previous record, last year's $496.5 billion imbalance.<<

Trade deficit has increased by over a trillion dollars in two years. All financed with debt.
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