posted on Apr, 18 2011 @ 03:11 PM
As long as the FED press notes as they do, then of course the dollar weakens out. In addition, China and Russia began to trade oil and gas in the
local currency that makes the demand for U.S. dollar falls.
America will be overtaken by inflation and the U.S. influence on the world economy will fall as a function of increased activity in the BRIC countries
(Brazil, Russia, India and China).
America's heyday is over and unfortunately will never again until living standards are equal to those countries we are competing.
U.S. should be pushing for free trade, but no country has added so much barriers in the way of imports of foreign imports in recent years.
Americans have lived long with low taxes. The time has now come to an end.
The country goes to zero, to a much greater extent than Europe. U.S. is an economic middle ground of Europe and Greece.
There are treasures that are the problem and Americans allergic to paying taxes.
Last Friday, U.S. politicians agree on the 2011 budget, after six delays.
Total savings amounted to nearly 40 billion dollars in fiscal year 2011. It is the single biggest cut ever made in a budget for one year.
Of this was cut for 28 billion dollars approved over the weekend, while $ 12 billion was approved earlier.
It is quite clear. They should avoid tax increases, spending must be cut to the bone.. get rid of the insane spending from cult monarchs, global
elite, medicated politicians and hypnotized presidents would be a good start.
We don't need to be in their club.. . .