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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John Metcalf who wrote (83731)	8/24/2008 3:34:16 PM
From: Proud Deplorable	Read Replies (1) of 116555

Beyond that -- why are people demanding a further decline in USD, and accusing other countries of dollar pegs which no longer exist? Here's why.... babylontoday.com The Outstanding Public Debt as of 24 Aug 2008 at 07:36:55 PM GMT is: $ 9 , 6 2 4 , 0 4 8 , 4 4 7 , 0 7 7 . 7 4 The estimated population of the United States is 304,601,456 so each citizen's share of this debt is $31,595.54. The National Debt has continued to increase an average of $1.86 billion per day since September 28, 2007! en.wikipedia.org en.wikipedia.org In my opinion the USD is held up only by propaganda and war. The lower the USD goes the more war we will probably see. The world is on the brink of being destroyed by the US Military-Industrial complex. So.....hopefully the USD will fall much much further because there has to be a point where the Americans just can't afford to finance any more wars and then the USA will be finished for good....and good riddance

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