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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (49643)	5/5/2009 5:45:38 PM
From: energyplay	1 Recommendation Read Replies (4) \| Respond to of 218002

One viewpoint is that isolating yourself from the world is a catastrophe. While Europe has some obvious choke points with Russia controling natural gas, the Straits of Gibralter and the Suez Canal being vulnerable, etc. the US also imports about 40% of it's oil from outside North America, and the US depends on the Panama Canal. There is some evidence the Obama administration is near panic about the economy - the threats, the FIAT deal, and offshore taxation are examples. My guess is the chances of an extra zero being added to US currency is now about 0.5 to 2 percent. That might happen in the next 7 years. Cutting the value of the currency 15-50% could happen within the next 18 months, with near zero warning. That could be defacto established by a memo between the US, China and Japan, with some Saudi acquiescence. Note that all four countries have a strong interest in improving the global economy.