Saturday, November 09, 2013

How China Can Cause The Death Of The Dollar And The Entire U.S. Financial System

...Our entire way of life in the United States depends upon this game continuing.  We must have the rest of the world use our currency and loan it back to us at ultra low interest rates.  At this point we have painted ourselves into a corner by accumulating so much debt.  We simply cannot afford to have rates rise significantly.