Bankruptcy for the United States?

Discussion in 'Political Discussions' started by Randell1234, Mar 23, 2009.

  1. me again

    me again Well-Known Member

    A global currency to replace sovereign currencies?

    Replace the dollar? :eek:

    Click here for the full story.
  2. Ian Anderson

    Ian Anderson Active Member

    I think he was just being polite to China since we rely on them not to sell off our debt. He said (and Obama later) no to a new currency (and so did Europe).

    Opec already started using a basket of currencies including dollar, pound, and euro to price oil (before the dollar strengthed).

    IMHO it is important to get our trade balance even. Heck the USA used to export more agricultural products than we imported - now it's the other way around.
  3. Henry White

    Henry White New Member

    I predict a very long, very contentious, very expensive campaign in 2010. How that turns out is anyone's guess, but most likely that election cycle will be a watershed for those of us thinking seriously about Galt's Gulch, going on strike, and simply 'disappearing' until responsible adults regain DC ;-)
    Last edited by a moderator: Mar 26, 2009

Share This Page