Darrell

Russia: Beware the Bear

Yuri gas made some valid points, but what he did not discuss is the fact that Russia, like the US, started an unjust war; when they allowed Georgia to become an independent country they gave up their rights to impose their will on a free country.

They should have used diplomacy, not violence, to address the concerns of the minority populations in Georgia.

Economically, I think Russia will thrive and become an economic power; but it remains to be seen if they will become a moral force in a globilized economy. Over the years Russia has produced some great spiritual leaders, including Father Arseny, and I pray that a new generation of spiritual leadership will take control; it is obvious that the current leadership has not taken up the touch.

We Need Economic Stimulus, and We Need It Now

Essentially we are getting something for nothing. Central bankers know by accepting the dollar as legal tender in their country, their merchants are exchanging their goods, services and/or assets for nothing.

I think central bankers are hoping against hope that our next president will set some kind of controls that will prevent the arbitrary issuance of currency; if this does not occur then expect the dollar to be abandoned as legal tender for international transactions.

Enjoy your vacation.