"Andrew" wrote in message
...

It's inevitable if you look at the amount of debt US inc. (corporate +
personal) has run up. However, as long as OIL is priced in dollars and
Japan and China keep on buying dollars, the USD is going to remain the
worlds anchor currency.

Before WW2 the pound was the anchor currency, then it was a greed by the
Brits, as the Yanks had us by the balls, that the dollar would be No.1. The
Arabs still used the pound in oil transactions many, many years after as
they trusted the pound.


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