Monday, March 28, 2011 11:49:57 PM
This is an article referring to the end of the USD as legal tender for oil and eventually foreign trade. I've seen a number of documentaries that discuss the possibility of the end of U.S. economy due to our current hole. I will admit everything I know is passed on from sources that could be and quite possibly are biased (which isn`t really any different from any second-hand source), but what I`ve seen and heard is more than troubling.
Monday, March 28, 2011 11:14:25 PM
@IrishJesus i dont think it will be revoked and i dont think the US will erupt into chaos if it will. america still has the best GDP. I'm not sure if this is correct but im pretty sure it is triple the second place GDP which would be germany. Again i could be wrong. So i think the real question is... how does everybody owe everybody money that doesnt exist?
Monday, March 28, 2011 5:08:13 AM
Thanks for the fyi - @DOR, a link would have been nice too :) I read that a while back, I didn't persue the whole article tho, so idk who said what. Still, 224 in one month vs 30 (average) is NOT less spending, eh? Unless you use Baalth-math (tm)!