Jim’s Mailbox

Posted at 7:13 AM (CST) by & filed under Jim's Mailbox.

Wolfgang, could the US even continue standing were dollar reserve currency status be removed?  Best,  Bill

Jim/Bill,
This article has so many truisms that I don't know where to begin; from the physics of supply and demand pertaining to the Dollar, to the value of commodities and gold, trust, and the political system's naivete in their actions.  
If my memory serves me correctly, Russia under Nikita Khrushchev, has stated that while most 3rd world countries were succumbing to Western exploitation of their valuable resources, Russia would bide their time and keep them for themselves.  Let the rest of the world be raped by industrialists. 
As Che Guevara supposedly once said:
"Ingrained economic inequalities,
are the intrinsic result of
Capitalism, Colonialism, and Imperialism
CIGA Wolfgang Rech