How the Federal Government will Lose in 2009 [View article]
As for the US$ being replaced as the world's reserve currency, the question then becomes replace it with what? The British Pound? The British Empire is in its twilight and its influence around the world is not once it was. The German Mark? Germany may be a European stalwart but not a world power. The Japanese Yen? Same reason as Germany but an Asian stalwart. I could go on and on, but surely not the Chinese Yuan. That currency is not even widely traded in world markets.
How the Federal Government will Lose in 2009 [View article]