To: jpsb
And yet 99% of Asian population can not afford anything that they make...when dollar stop being oil reserve currency (Iran already quit and Russia and Saudi Arabia under massive pressure to switch to basket currency or just Euro) US credit collapse...countries sell off dollar to buy Euro and US flood with worthless dollars...then US credit come due and US no longer buy up what Asia makes...then it come time to reckon in US and Asia...very interesting times then.
To: RussianConservative
[...]...when dollar stop being oil reserve currency (Iran already quit and Russia and Saudi Arabia under massive pressure to switch to basket currency or just Euro) US credit [...] Some say that Saddam Hussein sealed his fate when he decided to switch to euro.
186 posted on
07/03/2004 3:27:41 PM PDT by
A. Pole
(Capt. Lionel Mandrake: "Condition Red, sir, yes, jolly good idea. That keeps the men on their toes.")
To: RussianConservative
Yup the US is traveling the same road Great Britain traveled and the result will no doubt be the same.
204 posted on
07/03/2004 10:20:10 PM PDT by
jpsb
(Nominated 1994 "Worst writer on the net")
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