Comments on: What is the China-US Track Two High Level Dialogue? http://www.tdaxp.com/archive/2009/10/13/what-is-the-china-us-track-two-high-level-dialogue.html High-minded, fanatically malthusian perspectives Thu, 09 Feb 2012 19:18:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: tdaxp http://www.tdaxp.com/archive/2009/10/13/what-is-the-china-us-track-two-high-level-dialogue.html/comment-page-1#comment-318350 tdaxp Thu, 15 Oct 2009 01:59:12 +0000 http://www.tdaxp.com/?p=7956#comment-318350 A dismal post [1], but one I think is more likely than wishful thinking: <i>Unprecedented spending, unending fiscal deficits, unconscionable accumulations of government debt: These are the trends that are shaping America's financial future. And since loose monetary policy and a weak U.S. dollar are part of the mix, apparently, it's no wonder people around the world are searching for an alternative form of money in which to calculate and preserve their own wealth. It may be too soon to dismiss the dollar as an utterly debauched currency. It still is the most used for international transactions and constitutes over 60% of other countries' official foreign-exchange reserves. But the reputation of our nation's money is being severely compromised. Funny how words normally used to address issues of morality come to the fore when judging the qualities of the dollar. Perhaps it's because the U.S. has long represented the virtues of democratic capitalism. To be "sound as a dollar" is to be deemed trustworthy, dependable, and in good working condition.</i> h/t @surflightroy [2] [1] http://roymitsuoka.blogspot.com/2009/10/message-of-dollar-disdain-by-judy.html [2] http://twitter.com/surflightroy/status/4876884623 A dismal post [1], but one I think is more likely than wishful thinking:

Unprecedented spending, unending fiscal deficits, unconscionable accumulations of government debt: These are the trends that are shaping America’s financial future. And since loose monetary policy and a weak U.S. dollar are part of the mix, apparently, it’s no wonder people around the world are searching for an alternative form of money in which to calculate and preserve their own wealth.

It may be too soon to dismiss the dollar as an utterly debauched currency. It still is the most used for international transactions and constitutes over 60% of other countries’ official foreign-exchange reserves. But the reputation of our nation’s money is being severely compromised.

Funny how words normally used to address issues of morality come to the fore when judging the qualities of the dollar. Perhaps it’s because the U.S. has long represented the virtues of democratic capitalism. To be “sound as a dollar” is to be deemed trustworthy, dependable, and in good working condition.

h/t @surflightroy [2]

[1] http://roymitsuoka.blogspot.com/2009/10/message-of-dollar-disdain-by-judy.html
[2] http://twitter.com/surflightroy/status/4876884623

]]> By: Brent Grace http://www.tdaxp.com/archive/2009/10/13/what-is-the-china-us-track-two-high-level-dialogue.html/comment-page-1#comment-318184 Brent Grace Wed, 14 Oct 2009 04:38:49 +0000 http://www.tdaxp.com/?p=7956#comment-318184 Here is some wishful thinking: Drawing hypothetical lines of demarcation for a Chinese administered "buffer zone" somewhere inside NK after the PLA dissolves the KFR. Preparing DIB (development-in-a-box) packages to drop on areas of Afghanistan after they have been cleared of Taliban after a future "surge" of American and NATO troops. A Less Sanguine Scenario: Telling Kissinger to tell Obama that the Chinese have had just about enough American debt. Here is some wishful thinking:

Drawing hypothetical lines of demarcation for a Chinese administered “buffer zone” somewhere inside NK after the PLA dissolves the KFR.

Preparing DIB (development-in-a-box) packages to drop on areas of Afghanistan after they have been cleared of Taliban after a future “surge” of American and NATO troops.

A Less Sanguine Scenario:

Telling Kissinger to tell Obama that the Chinese have had just about enough American debt.

]]>