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Financial Troubles Humble US

China, Saudi Arabia and other big foreign holders are unlikely to take antidollar measures precisely because they own so much U.S. debt. To the extent the dollar declines, so does the value of those nations’ holdings. Mr. Summers calls this situation “the financial balance of terror.” (Financial Troubles Humble US).

One Thing You Cannot Accuse The US Of …

Fraud …They have been open.

Ben Bernake was clear and upfront. He said he was going to print money …

He was also clear that he is not going to reveal how much money he was going to print …

And now Lawrence Summers has clearly defined the US strategy also.

You still want to be invested in the US dollar?

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