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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (16622)	1/25/2009 2:16:16 AM
From: 8bits	Respond to of 71454

we have an exceptionally large military and lots of nucular weapons as our old friend used to say. True, but the same applied to the Soviet Union before it fell apart. we also have the sovereign currency, and some folks out there who might just want the charade to continue for a bit longer So did the British for many years until after WWII... I tend to agree that some folks would want to continue the charade for a while longer but the Japanese have recently suggested that the US issue debt payable in Yen and the Chinese have been grumbling about the US debt. At the moment these are just shots across the bow but I don't see the US government taking prudent steps to curtail spending hence I would suggest that the game on the US side will go on until it can't. It appears there will be some large changes regarding currencies in the next decade but I don't have the vision to see how things will play out.