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Politics : Welcome to Slider's Dugout
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To: SARMAN who wrote (15832)2/25/2009 3:56:52 PM
From: TH1 Recommendation  Read Replies (1) of 50743
 
SARMAN,

Well, that is not all they have to do. They also have to prepare for WW3 <ng>

The petrol dollar is the key.

At the present time I think the major powers (Europe, China, America, and to a lessor degree, the Japanese) all want a strong dollar. How long that unholy alliance holds up after the Asians realize the American consumer really is tapped out is unknown, but I guess not long. The only reason to recycle all those export based dollars back into Treasuries is to keep the game going. And I think that game is over for a long time to come.

GT
TH
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