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[Marxism] Grasping at Straws - By Mike Whitney
If Paulson is not removed and his rescue plan scrapped altogether; the
dollar will lose its position as the world's reserve currency and the US
government will face a historic funding crisis as foreign sources of capital
dry up.
That will thrust the country into a hyper-inflationary depression.
_http://www.informationclearinghouse.info/article20828.htm_
(http://www.informationclearinghouse.info/article20828.htm)
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- Thread context:
- [Marxism] Canada's Election and the Climate Crisis,
Ian Angus Sun 21 Sep 2008, 23:36 GMT
- [Marxism] South African and Zimbabwe politicos join global financiers in self-destruction | Links,
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Louis Proyect Sun 21 Sep 2008, 22:29 GMT
- [Marxism] Iraq & the bailout - Dem response to Repubs - just say yes,
Dbachmozart Sun 21 Sep 2008, 21:55 GMT
- [Marxism] Grasping at Straws - By Mike Whitney,
Dbachmozart Sun 21 Sep 2008, 21:54 GMT
- Re: [Marxism] An open letter to our Cubaholic [was: Cuba policy as a U.S. domestic political issue],
Kai Sun 21 Sep 2008, 21:44 GMT
- [Marxism] Cuba policy as a U.S. domestic political issue,
David Walters Sun 21 Sep 2008, 20:53 GMT
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