Welcome to Dialogica - a socialist libertarian-inspired counter-narrative deriving from my PhD research on neoliberal utopianism, titled “The Age of Ghost-Modernism”. Please note that the original articles (accessible by clicking on their title) do not necessarily represent my POV!
26 Aug 2009
The bankrupt "American Dream"
What is the Fed's money printing press doing, in that case? Relying on the "chinks" not to call in their "chips"? Seems a fair bet. After all, it wouldn't be worth their while to answer this $1.4 trillion question... Trying to "preserve the value of China's US dollar holdings" seems, of course, a far cleverer option. "Without China's billion dollars a day, the United States could not keep its economy stable or spare the dollar from collapse." http://www.theatlantic.com/doc/200801/fallows-chinese-dollars.
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