'By recklessly printing, borrowing and spending money, our
authorities are absolutely shredding confidence in the U.S. dollar.
The rest of the world is watching this nonsense, and at some point
they are going to give up on the U.S. dollar and throw their hands
up in the air. When that happens, it is going to be absolutely
catastrophic for the U.S. economy. '
It is symptomatic of the national condition of the United
States that the worst humiliation ever suffered by it as a nation,
- and by a US president personally,
- passed almost without comment last week.
I refer to the November 20 announcement at a summit meeting
in Phnom Penh that 15 Asian nations,
- comprising half the world's population,
- would form a Regional Comprehensive Economic Partnership
........... excluding the United States.
President Barack Obama attended the summit to sell a US-based
Trans-Pacific Partnership excluding China. He didn't.
- The American led-partnership...... became a party to which
no-one came.
Instead, the Association of Southeast Asian Nations, plus
China, India, Japan, South Korea, Australia and New Zealand,
- will form a club
- and leave out the United States.
A Giant Currency Superstorm is Coming to America
What am I missing??
Posted by saturn6 on 29th of Nov 2012 at 03:50 am
'By recklessly printing, borrowing and spending money, our authorities are absolutely shredding confidence in the U.S. dollar. The rest of the world is watching this nonsense, and at some point they are going to give up on the U.S. dollar and throw their hands up in the air. When that happens, it is going to be absolutely catastrophic for the U.S. economy. '
More Here
R.I.P - The Dollar xxx - 20 Nov 2012
The day the dollar died.
Post-US world........ born in Phnom Penh
It is symptomatic of the national condition of the United States that the worst humiliation ever suffered by it as a nation,
- and by a US president personally,
- passed almost without comment last week.
I refer to the November 20 announcement at a summit meeting in Phnom Penh that 15 Asian nations,
- comprising half the world's population,
- would form a Regional Comprehensive Economic Partnership
........... excluding the United States.
President Barack Obama attended the summit to sell a US-based Trans-Pacific Partnership excluding China. He didn't.
- The American led-partnership...... became a party to which no-one came.
Instead, the Association of Southeast Asian Nations, plus China, India, Japan, South Korea, Australia and New Zealand,
- will form a club
- and leave out the United States.
http://www.atimes.com/atimes/Global_Economy/NK27Dj02.html
The dollar actually put a final stack in George Washington's Eye
Posted by zach06 on 29th of Nov 2012 at 07:51 am
14 days prior along with the rest of the country.