The Telegraph has a good article on the Dollar:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/11/ccecon111.xml
In the article, it is noted that the Dollar has recently gained against the Euro, but attributes the gain to weakness in the Euro. The Telegraph correctly identifies China and Saudi Arabia as holding the strings on the Dollar’s future. As neither China nor Saudi Arabia cares about you or me, their calculations will be based on protecting the value of their existing dollar reserves. They have a patriarchal form of government. It operates on logic.
Globalism has cost the US its sovereignty.
The reason that the West has become weak is because we’re now led by a matriarchal form of government. It dates back to 1920 and is based on feelings. The world doesn’t care. And both China and Saudi Arabia now have the ability to tip over our little apple cart at a time of their choosing.
What they will really behead is the Nurturing Age.
Sunday, May 11, 2008
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