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

To: TobagoJack who wrote (50854)	6/3/2009 1:48:19 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 217560

US and Europe may be on their own.. ? Message 25689575 BIC may come out better than just OK ... barring USD collapse per se... not good for China.. Japan... Considering how small Canada's forex reserves are ... USD collapse not the issue.. but of course US trade is the fly in the ointment for us... I wonder at ramifications of such low USD exposure.. Surprised me a lot actually. From a geopolitical perspective, however, it is far from upsetting the main foundations of U.S. hegemony Seems evident to me that the best case scenario going forward has a future with a greatly diminished and declining reserve currency roll for the US dollar.. hence in my mind so goes US hegemony.. It's the dollar not the armed forces that give the US its real power.. BWTFDIK :O) TBS

To: TobagoJack who wrote (50854)	6/3/2009 3:13:05 AM
From: energyplay	Read Replies (1) \| Respond to of 217560

Steel production is not the proxy for overall industry it used to be, however... en.wikipedia.org 1 People's Republic of China 494.9 500.5 — European Union 209.7 198.0 2 Japan 120.2 118.7 3 United States 98.1 91.4 4 Russia 72.4 68.5 5 India 53.1 55.2 6 South Korea 51.5 53.6 7 Germany 48.6 45.8 8 Ukraine 42.8 37.1 9 Brazil 33.8 33.7 10 Italy 31.6 30.6 numbers are 2007 (left) 2008 (right) millions of metric tons.