The Asia Times reflects on the dollar

And doesn’t like what it sees. Thanks to IB’r for the link.

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2 responses to “The Asia Times reflects on the dollar

  1. anonymous

    It’s all relative

    Suspect EU, UK, Swiss, Japs, Chindians, etc all have rather serious issues of own

    These clowns depend upon US consumption and tech and financial innovation to ultimately fuel their economies

    Funny how the world effectively revolves around NYC/Greenwich and Silicon Valley-derived innovations….and universities in CA and Northeast to train future engineers and financiers

  2. Hu Nhu ?

    Most of the “clowns” mentioned above have high savings rates. We don’t. We’re broke and up to our eyeballs in debt. At global crunch time, that will matter.
    The local magnet schools should drop Spanish and offer Mandarin at once.
    Of course, the clowns don’t have our caliber of leaders like Barney Frank, Chris Dodd and Nancy Pelosi.