Wall Street Breakfast: Must-Know News [View article]
Thanks for the link. Our currency is the reserve currency because since the days of Alexander Hamilton people around the world felt they could trust us and depend on the rule of law in this country to protect them. Now they can't trust our honesty, leagal system, or judgement. if we don't start jailing folks under sarbox and other laws we will never get that trust back. At this point we don't trust ourselves.
On Jan 30 07:53 AM Jim Hawthorne wrote:
> Thanks, Rachael! > > There was an article in yesterdays WSJ concerning China/US relations > and future trends that might also be of interest to your readers. > > It appears that our largest creditor is becoming somewhat testy, > and the increase in friction adds some weight to the fear side of > the 'greed/fear' equation. > Worth a read... > online.wsj.com/article...
Wall Street Breakfast: Must-Know News [View article]
On Jan 30 07:53 AM Jim Hawthorne wrote:
> Thanks, Rachael!
>
> There was an article in yesterdays WSJ concerning China/US relations
> and future trends that might also be of interest to your readers.
>
> It appears that our largest creditor is becoming somewhat testy,
> and the increase in friction adds some weight to the fear side of
> the 'greed/fear' equation.
> Worth a read...
> online.wsj.com/article...