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Hard currency on defib, along with the mortgage crisis = DOA Economy

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  • Hard currency on defib, along with the mortgage crisis = DOA Economy

    What do you get when you combine a stalled economy, rumors of massive mortgage corruption and global news of hard currency in trouble....??

    Time to make some serious changes in this country.

    The new virtual world currency is an index of the world’s 15 largest economies, weighted by their gross domestic product, adjusted for purchasing power parity.


    The global “currency war” — as many are calling it — continues to heat up, with no obvious resolution in sight. While it wouldn’t be a simple, quick, or painless process to replace the US dollar as reserve currency, it seems inevitable that calls for just such action are bound to increase, especially if currently loose US monetary policy – including quantitative easing in particular — continues unabated.
    You can read more details in Financial Times coverage of how a new world currency index has launched.

    CF
    Last edited by CichlidFan; 10-29-2010, 12:58 PM.
    Truth is the cement that holds the bricks and stones of a sane and civilized society together. Remove the former and the latter will crumble.

  • #2
    Okay....much too difficult to fathom.....here's a easier one...

    http://www.youtube.com/watch?feature...&v=V_-deXSecJM#!

    for some reason the video would not load for me, so please use the link above.

    How bout that label folks?

    CF
    Last edited by CichlidFan; 10-29-2010, 03:47 PM.
    Truth is the cement that holds the bricks and stones of a sane and civilized society together. Remove the former and the latter will crumble.

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