Saturday, May 26, 2012

Guest Post: Chinese Chaos Is The Immediate Threat To The Dollar

Submitted by John Aziz of Azizonomics
Chinese Chaos Is The Immediate Threat To The Dollar
In twenty or thrity years, I expect future monetary historians looking back on this period of history to frequently misquote Ernest Hemingway:
How did the dollar die? First it died slowly — then all at once.

The slow death began with the dollar’s birth as a global reserve currency. America was creditor and manufacturer to the world, and the capitalist superpower. People around the globe

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