DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The decline of USA: Is Obama up to the challenge?

**Greactbet** · 01-05-2009, 08:31 AM

really? this is news to me. i wonder what the pound at 1.44 is, then? toilet paper? is the euro crash from 1.6 to 1.38 a disaster? perhaps the total collapse of the australian dollar from parity to 1.5 to the US dollar is truly the world's most worthless currency?

sorry if the truth hurts,

hee hee

On Bloomberg a special report last week said how the US is still the reserve currency of the world.

They mentioned Japan and China keep buying our treasuries, while Bernake prints money at 6% of GPD.

01-05-2009, 08:31 AM	#8
Greactbet Join Date Oct 2005 Posts 492 Senior Member	really? this is news to me. i wonder what the pound at 1.44 is, then? toilet paper? is the euro crash from 1.6 to 1.38 a disaster? perhaps the total collapse of the australian dollar from parity to 1.5 to the US dollar is truly the world's most worthless currency? sorry if the truth hurts, hee hee On Bloomberg a special report last week said how the US is still the reserve currency of the world. They mentioned Japan and China keep buying our treasuries, while Bernake prints money at 6% of GPD.
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