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Oct 27 06:09 am
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All Comments by Steven Hansen »Dollar Strength: An Illusion [View article]
- the fed trashed the dollar by printing dollars and lending to everyone.
- taiwan now decides it does not want GSE financial currencies after the USA has insured its sovereignty for the last 60 years. i personally think it is high time for taiwan to be under chinese control.
- china thinks there should be a new economic order because china has refused to allow its currency to float, racked up a major trade surplus damaging its major trading partner, and thinks that the USA should be held responsible for a crisis that they were a major player in creating,
- europe should go in with china and create a new financial order where china benefits and europe else loses. maybe they can create a new currency called the "cheuro", peg it at ten times the dollar, and flush their economies goodbye.
did i get this right?