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Here's Why Asia Must Eventually Ditch the Dollar

The problem with blind ideology is that it is blind. Obama did not break the trust required for international acceptance of the dollar as the reserve currency. We all know that certain US politicians in cahoots with certain individuals spread across the international financial community, destroyed that trust by creating and misrepresenting dollar denominated mortgage instruments. we know their names and we know their games. Unfortunately, rather than breaking with this Cabal, Obama has embraced them. Until he he turns his back on them like he did the reverend; bye dollar.

The Great Shift: China Rising, U.S. Falling

It only takes a generation and a half to go from the golden age to the dreggs. Our problem is too many old people, drug addicts and underachievers -- too many "individuals" pursuing their "lifestyle" instead of forging social links and investing in the next generation. Oh, well, the wheel of fortune turns round and evolution determines the future.

Will China Stay the Capitalist Course?

I hope China does not stay the course. If they do, then the Yuan will surely replace the dollar as the world currency. The only thing preventing this is the suspicion that political instability is more risky than insolvency risk.