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Contributor: Fleabag
Date: 2003-03-18 18:41:43
I agree. The US dollar is presently viewed as 'strong', yet they are trillions in debt and plan (in the latest budget) to use deficit spending for the next 10 years. Their 'value' is that of "The Emporer's New Clothes", where the US dollar is valued on belief alone. It's economy is based on a house of cards. Entertainment, professional sports and cheap labour from countries such as China, where no labour standards exist are the largest moneymakers fueling the system. Once people realize 'Oprah' is not actually worth anything, that the millions paid to Tiger Woods could be better used for all mankind, not the few glorified in the 'cult of personality', the card house will tumble. Perhaps war is the only thing the US understands, and that the effects of war will eventually make people realize what is actually important. When one's house and possessions are destroyed by war, reruns of Seinfeld lose their value in a hurry.
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