DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Changing the reserve currency from the Dollar to the Euro

**allmyflights** · 05-21-2010, 06:56 PM

Ironically, the born again deficit hawks and market fundamentalists with their junk economics however are still calling for self imposed austerity measures in the US which will assure a second leg down especially since Europe is in a race to the bottom with the US to devalue the currency which they both hope they can accomplish in a "controlled" manner....umm yeah whatever

yeah, everybody knows we should issue as much debt as possible. "race to the bottom"=stupid phrase. everyone has an opinion, and irresponsible spending has put us in this race to the the bottom, as you call it.

05-21-2010, 06:56 PM	#4
allmyflights Join Date Oct 2005 Posts 391 Senior Member	Ironically, the born again deficit hawks and market fundamentalists with their junk economics however are still calling for self imposed austerity measures in the US which will assure a second leg down especially since Europe is in a race to the bottom with the US to devalue the currency which they both hope they can accomplish in a "controlled" manner....umm yeah whatever yeah, everybody knows we should issue as much debt as possible. "race to the bottom"=stupid phrase. everyone has an opinion, and irresponsible spending has put us in this race to the the bottom, as you call it.
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