Monday, October 12, 2009

Uh Oh

This spells trouble.

The privilege of an American trade deficit could be ending. What I can't figure out is how you can end American dollar supremacy through speculation of a new currency arising in the unstable Middle East. For that matter, how can you end dollar supremacy for new oil deals. Oh wait, the new speculative currency, combined with the rising Yuan, and the oil existing in the states that are planning a new currency make expectations on the dollar increasingly dismal. We're screwed.

Bush third term
Ian Reid

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