USD days numbered?

Message from moi:

Incompetence and corruption will bring a society down. "Character doesn't matter"? That's what they said in 1992 when Clinton was elected. In my opinion, that was the date when the US resumed its current nosedive ( begun in 1968), but it didn't exactly look that way at the time.

Why? In 1992, the US enjoyed military supremacy, which was given up---- for what?

  The ability to shoot down ICBMs is probably what did the USSR in. That's what Reagan's "Star Wars" program achieved. Once that was given up, the rest is now following inexorably.

Published on Zero Hedge (http://www.zerohedge.com)

Home > By "Punishing" France, The US Just Accelerated The Demise Of The Dollar

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By "Punishing" France, The US Just Accelerated The Demise Of The Dollar

By Tyler Durden

Created 07/05/2014 - 09:04

Not even we anticipated this particular "unintended consequence" as a result of the US multi-billion dollar fine on BNP (which France took very much to heart):

• NOYER: BNP CASE WILL ENCOURAGE 'DIVERSIFICATION' FROM DOLLAR

And, the biggest irony of all is that in "punishing" France for dealing with Russia, that core country of the Eurasian alliance of Russia and China, the US just accelerated the graviation of France (and all of Europe) precisely toward Eurasia, and away from the greenback.

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Source URL: http://www.zerohedge.com/news/2014-07-04/punishing-france-us-just-accelerated-demise-dollar-0