AndrewBaker

Wall Street Breakfast: Must-Know News

We're gonna get loads of reasons for loads of happenings, all of which will let the bad guys off the hook, be they politicians or business CEO or similar; but what we won't get is anyone saying that the US is losing its place as world number one country and the dollar its place as world number one currency. The same way Britain lost it after the first world war, the US is losing it now after fighting so many war after the second world war and kidding everyone that we were spreading democracy and keeping the peace. There has been too much consumed and paid for with funny money that has not been earned, and now payment has to be made. It will take many years, people will be poorer, and maybe, just maybe, will learn to live a better life and not still hanker after a richer one that ignores others and doesn't make that many people happier anyway.