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mike pain is Offline
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mike pain
 
Posts: 898
Join Date: Oct 2005
Location: london, , United Kingdom
Post imported post - 28-02-07, 03:47 PM



of course America, could simply suspend the stock exchange to solve this problem, short term...but I’m concerned with those other countries that have been Coerced into accepting the dollar as their own...if the dollar falls they're screwed.....they only thing keeping the American economy afloat now is the constant circular spending, essentially American dollars are paying into keep Americans in jobs...I wonder what will happen if china suddenly decides America has to pay back it’s dept or be declared bankrupt ( a practice several American firms have done onto many African countries)
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