Letter
Cut the Yanks loose!
As Michael intimated, I feel the US economy has been bankrupt (in more ways than one!) for some time. The US has proven that it does not want any other currency to be elevated (eg oil sales in euros instead of US dollars).
However, I feel the world will experience instability until a form of international currency that is not dependent on the American dollar (or any other country’s currency) is generated. The dollar would then float and settle to a level that was sustainable. Until that time, the US can print money that devalues dollars held by other interests.
My feeling is that if an international currency was established, the US would then not be able to afford the wars that it seems to love supporting. Also, it might go some way to stabilising the UN, because the US hopefully might not be able to afford the current methods of world destabilisation.
I think this all could be accomplished if no country arranged a “deal” with our friend Donny. If trade gradually diminished with the US, and other countries traded between themselves using currencies other than the American dollar, the US would be forced to not act as a bully.
— Doug Foskey from Tregeagle