India: Economic Growth & Development

Tuesday, November 15, 2011

USD is a bigger problem than US debt

The real issue is the quantum of US Dollars in existence since every US Dollar in circulation actually represents a claim against the US Govt., and by extension, the American people. Unimaginable amounts of Petro Dollars and Eurodollars are currently in circulation, the vast majority in the hands of foreigners. I would not be surprised if the u.S. is owned, lock/ stock / Barrel by foreigners. Effectively.

Saturday, November 12, 2011

Swami Agnivesh cannot be trusted

Imo, he was a trojan horse, a plant right from the start - the easy access he has to all the TV channels indicates that he enjoys backing from well connected sources.