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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Robin Plunder who wrote (38011)8/8/2008 11:06:37 AM
From: elmatador  Read Replies (2) of 217605
 
US message was: move out of the USD you suffer! Chinese didn't want the task. Europe? It is in a faster downride path than the US.

The Russians? Need at least a decade to arm twist rivals to adhere to a regional currency.

GCC? You're joking right? They need the hired gun US. The Israelis needs the umbrella (not to mention the being the biggest aid recipient of the US doesn't want donor to be with empty pockets).

It seems that a consensus have been reached to come out with a action among friends to keep the system as is. This has the result to remnove the pressure on Brazil to do heavy lifting.
That's is excellent news! (If sustainable is another story) We can be free to pursue 5% GDP growth without much problems.

If we can keep that situation for some 24 months -while bottlenecks are cleared even better!!!
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