STOP INSULTING WOMBO you crazy fool.<quoted text>
OMG, netezens and confusious? First lets start with confidence in US currency, although you are half right....indirectly. You see confidence in people all around the world using the the Dollar depends on the strength of the US economy and mass of the trade the US engages in.
30% of international trade is with the US, 70% of central bank reserves are in dollars REMEMBER?
The Zimbabwe situation( and let me applaude you on even knowing about this....truely your master the pink wombat is wise, not many people can make that connection) has nothing to do with what we were talking about since their siituation was due to their president smashing over 90% of the economy through land grabs and mostly the black market trend over there is using the South African Rand not Dollar, i know because my girlfriend originally is from south africa.
BTW once a country shifts into being a high labor cost economy the only and most sustainable force of action is to switch to a service driven economy, that is what China will do if it gets through to high value products.
But how climate change will affect a service driven economy is beyond me....please explain what you meant Kanagroo only hop on foot if you can?
Are you sure seeing that you have psychodic tendencies that led doctor into banning you from any floor higher then the first floor, that going to pubs is advisable? Anyway have a good one, I will be headed to one soon after work is done.
Or I will start insulting your girl friend.
One thing is for sure me and Wombo never tell each other LIES. I know your girl friend lies to you, Robert Mugabe was attacked by the West,-(sanctions and economic sabotage, mercenary forces, vile propaganda, ect.),- because he sent his armed forces to help Kabila in Congo DR.
But now South Africa copy Zimbabwe, and demand equal pay for Miners and land reform.
US trade deficit down Another 48 billion
this month, over paying yourself has to stop, Bloomburg say.
70% that's nothing compared to what it was, in 1967 the US was using 4 times more resources than the rest of the world all put together. It must even out no Nation likes using US banking institution because it's use is the political blackmail of international relationship. Once over the world will never let it happen again, not with Yen or Euro or anything, a real world bank will take its place using a basket of currencies, as standard based on resource, not political influence.
A service driven economy is totally dependent on middle men determining the logic of the market, a complete contradiction of supply and demand. Britain only now earns 10% of her income from physical content, only can get away with it because British capacity to squeeze from the "interest rate factor" zero at home horrendous abroad, the world isn't stupid, there is only one answer policeman retire, not wanted, and take your salaries with you, or pay them yourself, no more importing DEFLATION. Liberal ideology is dependant on expansion to accommodate corruption, there in no new resource or industry, and lots more hungry mouths to feed. Japan is in the worst predicament ever, Greece is a future installment for Japan.
A lot of things are beyond you, why else would you support Japan, American people believe war of the future will be pilotless planes, they only interested in fighting defenceless people they not going to support japan, remember US President come to beg China, Chairman Mao stay at home with his feet up.