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Old 12-06-2009, 11:03 PM   #28
Web Rider
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Quote:
Originally Posted by qui_gon_glenn View Post
Facts are good. Nearing perhaps was not the correct word, but you may accept/prefer "approaching" "on the road" "plummeting". These are perhaps better descriptives, but not that different really. It is over-alarmist to say nearing at this time, so I concede that point.
No, it really isn't. Listen to some non-marxist economists. The US dollar, while not as strong as it has been in the past, is still doing quite well. And it it not "plummeting", nor is it "on the road", and neither is it "approaching". Many countries still court both US favor and money, that along with US military, social, and economic power and dominance ensure that the US currency will not just "drop off".

Quote:
If you think that the US is still the pre-eminent power, and that the position is unshakeable, you are a fanboy.
I can readily think one, and not the other. The US is still a pre-eminent world power, one with which only a few others can hope or even attempt to compare with. Of course the position is shakeable, no position isn't. But just because it is, does not mean that those who are close have the desire to take it. And even if they wanted to, it is more probable that what would result is a multi-polar world, likely of China-US, then China-Russia-US, then China-India-Russia-US, and then China-EU-India-Russia-US.


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