This is so nuanced even Marie Harf wouldn't get it.
Posted on 08/11/2015 11:29:32 AM PDT by tcrlaf
Video of Lurch speaking at the Zerohedge Link
This is so nuanced even Marie Harf wouldn't get it.
The dollar will stop being the reserve currency when the Saudi stop insisting on dollars for their oil.
Kerry never makes much sense
“Vote for the Iran Deal or I’m sending James Taylor over there!”
Human sacrifice, dogs and cats living together... mass hysteria!
Human sacrifice, dogs and cats living together... mass hysteria!
This Is Not A Drill: India, Russia And Thailand Prepare For Currency War
When China sneezes, the world catches a cold. Alternatively, when China devalues, the rest of the (exporting) world scrambles to not be the last (exporting) nation standing, and to do so next, before everyone else does. We give Russia, Thailand and India (as well as the rest of the EM countries, actually make that all countries, the US included) at least a few days (hours may suffice) before they all realize that in a beggar-thy-neighbor global currency war, where the ZIRP (or NIRP) liquidity trap is already stalking at least half of the entire world, there really is no choice. http://www.zerohedge.com/news/2015-08-11/not-drill-india-russia-and-thailand-prepare-currency-war
Not blackmail, except by John Kerry to the American people. There is a currency war brewing and they plan to blame the fall of the dollar on not getting the Iran deal. Two seemingly unrelated world events...
PASS THE IRAN DEAL OR THE DOG GETS IT.
I hate you. ;)
Well if nobody wanted dollars the value of a dollars would be quite small. I don’t think that would be a good thing since I like to eat and food costs money.
“The bedbugs will bite, if the Iran deal is not passed!”
“Toe jam will become more disgusting, if the Iran deal is not passed!”
“Truman Capote will become a revenant, if the Iran deal is not passed!”
I beat ya on the toenail fungus thing. See post #5.
It sounds like Kerry is taking something that he expects to happen based on the Administration’s incompetence, and then going in front of it by warning that if it happens, it’s because the Iran deal did not go through.
It makes you wonder what he knows that most low information voters don’t know.
Loss of reserve currency status is happening regardless of the Iran deal.
GMTA, FRiend. :-)
It really must suck to be a man who’s stupid, ugly, grifting, and totally dishonest at the same time.
You listenin’, Lurch?
you get the gold star.
now we know why the deal was so bad and why Bammy and Lurch were so insistent it be passed.
Gosh that magazine was funny. Imagine trying to get it published today? Like early SNL stuff like “News for the Deaf” with Garrett Morris shouting headlines.
The best ever was one P.J. O’Rourke wishes he never wrote. The infamous “Unwanted foreigners” issue. I still have mine.
With yesterday's devaluation of the yuan, that doesn't look like a safe bet to replace the dollar as some pundits like Zero Hedge thought.
As an aside, just last month Russia's Gazprom agreed to deliver oil to China in exchange for yuan. As a result of yesterday's devaluation, Gazprom just took a 2% haircut based on exchange rates alone.
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