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Excluded
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Posts: 1,281
Join Date: May 2006
Location: Fairfax, Virginia, USA
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imported post -
28-02-07, 06:57 PM
mike pain wrote:
Quote:
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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That would be very interesting indeed. Cant say the outcome wouldnt B well deserved.
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