Friday, November 23, 2007

Japanese Shift Cash Out of US Investments


Friends predicted this debacle a while ago. Eventually the superpower called the United States will be gone, faded into a mere strong-hold nation like England or France. And Cnina will be the superpower. Just wait....

This revelation comes on the heels of recent discovery that OPEC and others no longer want to use the US dollar for selling and buying oil. Then there's the totally lop-sided exchange rate of the pound sterling to the dollar and the euro to the dollar. And lets not forget the Canadian dollar being on par or more valuable than the US dollar - the first time since the 60s. And last but not least there was the story last week about people in India no longer willing to accept the US dollar.

And all of this has happened in the Bush Abomination. Hmmmmmm yet Bill Clinton was impeached for lying about a blow job. Go figure.

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