Month: October 2013

“Those who can diversify out of US debt are likely to do so”, but who can?

“Those who can diversify out of US debt are likely to do so” But whither? As you say China may be on track to become holder of a reserve currency, but is far, far from there. We’ve seen almost 70 years of US hegemony, a time during which the world internationalized like never before and …

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Iranian nukes

@Jason Lam I agree that the Iranians have a justified fear of the Americans especially since they invaded its neighbors Afghanistan and Iraq. At times Iran was certain it was next. But the US withdrawal from Iraq left Iran in control, the quagmire in Afghanistan is debilitating US foreign policy to this day. And yet …

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