And based on the US debt situation, the US dollar should be considerably weaker AND at some point it will be. Might be best to start the process now as opposed to a huge drop at some point in the not too distant future. A sudden, huge drop in the US dollar WILL wreak havoc!
I think this is a very prudent move by China. The US has totally screwed up the US dollar as a foreign currency benchmark. Heck, they can't even manage their own economy without HUGE debt financing!
We've heard the farce that is Greece for far too many years now! Just declare bankruptcy, default and start over... Enough with the futile effort of trying to borrow their way out of their inept situation!!
Greece has done nothing to resolve their problems since the start of this whole fiasco! And now they want yet more money? I think Ireland, Spain, Portugal and other EU countries have been very understanding to this point. Time to now say "Greece shape up or ship out!".
Based on the Greeks' attitude towards taxes how did Greece get into the EU in the 1st place and why don't the current members simply throw them out of the EU and let them suffer on their own. Bunch of freeloaders!!
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Don’t Look At China, The Threat Might Come From Saudi Arabia
And based on the US debt situation, the US dollar should be considerably weaker AND at some point it will be. Might be best to start the process now as opposed to a huge drop at some point in the not too distant future. A sudden, huge drop in the US dollar WILL wreak havoc!
China Calls For New Global Reserve Currency To Replace Dollar
I think this is a very prudent move by China. The US has totally screwed up the US dollar as a foreign currency benchmark. Heck, they can't even manage their own economy without HUGE debt financing!
Vacation-Home Sales Hit Record, Proving Rich People Still Rich
Buy low, sell high...
Greece: The Battle Between The Realos And The Fundis
We've heard the farce that is Greece for far too many years now! Just declare bankruptcy, default and start over... Enough with the futile effort of trying to borrow their way out of their inept situation!!
Greece Accuses Spain And Portugal Of Conspiracy; 3rd Greece Bailout Discussion Under Way For €30-50 Billion
Greece has done nothing to resolve their problems since the start of this whole fiasco! And now they want yet more money? I think Ireland, Spain, Portugal and other EU countries have been very understanding to this point. Time to now say "Greece shape up or ship out!".
The Biggest Problem For Greece Isn't Debt: It's This
Based on the Greeks' attitude towards taxes how did Greece get into the EU in the 1st place and why don't the current members simply throw them out of the EU and let them suffer on their own. Bunch of freeloaders!!