It's sad most Americans don't know how much of the reserves are foreign owned, China, Saudi, etc. And as they may learn quick, it's a double-edged sword that could lead to financial devastation if they pull out early (adult board pun intended)
A thread not to long ago pointed out how the media avoids pointing out how far the US dollar has dropped the past few years. And like most of what goes on behind closed administration doors, ignorance is bliss until you wake up and your economy is in ruins.
The fact is, if most Americans really took the time away from their own self-absorbed lifestyles they would see how precarious their position is and raise hell - unless of course American Idol was on that night. ;)
|