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"International supervision over the issue of U.S. dollars should be introduced..."
Xinhua said.
www.ibtimes.com...
Originally posted by ren1999
I'm going to give you all two world line scenarios and you decide which one we travel on.
The First Scenario
U.S. soldiers come back to the U.S. to contain open domestic terror attacks.
Tent cities rise all over the U.S. but the media remains quiet about the collapse.
We start squatting in houses after the rich flee to France.
We all start farming vegetables in yards that are not our own.
States start to secede from the Union.
Every person in each divided territory is forced to join the military of their territory.
The magnetic poles shift.
The earth starts to get hot.
People start going north to Canada and Siberia.
The Second Scenario
The Republicans give up and allow increased taxes and spending to create building jobs.
Obama hires all the unemployed to work on the roads.
Troops come home from all over the world except Asia.
Minimum wage is increased to meet the cost of living in each area.
The economy recovers.
Originally posted by burdman30ott6
U.S. loses AAA credit rating from S&P
news.yahoo.com
(visit the link for the full news article)
NEW YORK (Reuters) - The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday, in a dramatic reversal of fortune for the world's largest economy.
S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about growing budget deficits.
U.S. Treasuries, once undisputedly seen as the safest investment in the world, are now rated lower than bonds issued by countries such as the UK, Germany, France or Canada.
Monday's market is gonna be a brutal demonstration of why this country made a woefull series of terrible mistakes in leadership election over the past decade
Originally posted by Campy61
reply to post by neo96
Myself I live for the moment but prepare for tommorrow. But you never know if your going to have one.