What Happens If the Dollar Crashes – BusinessWeek

Posted by Matt in October 18th, 2009 | no comment

Published in Financial, Banks, Businessweek, Crashes, Currencies Of Countries, Dollar, DollarCrash, DollarDecline, Economy, Federal Funds Rate, Federal Reserve, Greenback, Interest Rates, Investors, Preferred Fuel, Promise, Rock Bottom, Starters, Stocks And Bonds, Trade Deficits, Yen

Trade wars could break out. Overexposed banks might collapse. And that’s just for starters
Behind the dollar’s weakness are near-zero short-term U.S. interest rates. As they once did with yen, investors are borrowing dollars cheaply, then selling them to buy currencies of countries whose stocks and bonds promise better returns. The Federal Reserve is keeping [...]

American Power Is on the Wane

Posted by Matt in January 13th, 2009 | no comment

Published in U.S., general, American Power, Bush Doctrine, Economic Problems, Heavy Backpack, International Terrorism, Logic, Money, Trade Deficits, Walkers

By what logic, though, should America lose more ground in the years to come than other nations, except on the vague proposition that the taller you stand, the further you fall?
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As I suggested at that time [20 years ago], a strong person, balanced and muscular, can carry an impressively heavy backpack uphill for a long [...]

New Reports Cite China’s Dangerous Rise

Posted by Matt in November 25th, 2008 | no comment

Published in China, American Factories, Asia, Authoritarian Rule, beijing, China Economic, Chinese Industry, Congress, Consumers, Currency Reserves, Europe, Massive Transfer, National Security Interests, New Technology, North America, Security Review, Steady Influx, Trade Deficits, Transformation, Trillion, World Politics

The NIC notes that this transformation of world politics is the result of a massive transfer of wealth from West to East, from Europe and North America to Asia. The United States has transferred $1.2 trillion to China since 2001 by running massive trade deficits. These deficits have not only given Beijing the largest currency [...]