 | Jim Willie CB - Hat Trick Letter |
 The USDollar Paper Tiger  |
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Events in the last decade displayed a vigorous effort to defend the USDollar.The rogue nation of Iraq sold crude oil in Euros for three years, until they were liberated.Its tyrant was a scourge to be sure.Weapons of financial mass destruction seem to have replaced the traditional type, the new variety being derivatives, mortgage bonds, and even sovereign bonds from weak nations.Thursday, January 12, 2012 |
