Saturday, November 22, 2014

Can A New Cold War Save US Dollar ???

This report suggests that America's new Cold War is motivated by a desire to save the US dollar:

http://deutsche-wirtschafts-nachrichten.de/2014/11/21/britische-ex-spionin-amerika-will-den-dollar-mit-einem-kalten-krieg-retten/

[You may have to translate from the original German to read the report.]

Many economists have been saying for years that the US economy will collapse when the dollar loses its primacy in the world's economy. Of course the US will try to prevent this from happening for as long as possible.

But that will merely make the collapse, when it happens, all that more severe.

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