Declan Murphy <declan_murphy@hotmail.com> wrote:
> On Oct 18, 10:28?pm, CL <flot...@yahoo.com> wrote:
> > Declan Murphy wrote:
> > > You say you pissed away your Manifest Destiny? Yes, yes, I understand.
> > >http://www.mcsweeneys.net/2009/9/25hahn.html
> > > Ouch.
> >
> > That's, like, *SO* Bush Administration ...

> Wishful thinking Charlie. Since Bomama was elected (thankfully), is
> Merika some less "obsessed with breasts. No breast is too massive, too
> bouncy, too tan, too exposed"? methinks not.

> I just think its too late. The (fortunately USD$ denominated) debt
> will be repayable, but only by monetary financing, which will
> necessitate a lower UDS$/rest-of-world exchange rate than would
> otherwise be the case. Bretton-Woods is dead. "G20 stuff" is a
> temporary thang, and we will have 3 or maybe 4 currencies acting
> (simultaneously) as reserve currencies during the next 10-25 years or
> so. 

Yeah, I can just see China floating the yuan...

Mike