Re: [silk] The Demise Of The Dollar

On Sun, Jun 2, 2019 at 1:43 AM Charles Haynes wrote: > > The superficial layers like the bond markets or federal reserve are not > > stand alone, I see that they are ultimately inherited from military power. > > > > And I have pointed out that falls apart under analysis. No. Your analysis is

Re: [silk] The Demise Of The Dollar

On Sat, 1 Jun 2019 at 18:48, Srini RamaKrishnan wrote: > You seem to be taking a very literal approach, which I'm afraid misses much > of the picture. Let me spell it out a little more. > When you said "The US Dollar is backed by the might of the scariest military in the world. It may not be

Re: [silk] The Demise Of The Dollar

You seem to be taking a very literal approach, which I'm afraid misses much of the picture. Let me spell it out a little more. American exceptionalism including the centrality of the dollar is ultimately backed by the US military. The US has layers to its power, which is what makes it superior

Re: [silk] The Demise Of The Dollar

If your thesis that a country's currency's value was a function of the strength of its military then we should see a clear correlation between strong countries and strong currencies, and weak countries and weak currencies. But we don't, instead currencies values are correlated with the economic

Re: [silk] The Demise Of The Dollar

On Sat, 1 Jun, 2019, 5:42 PM Charles Haynes, wrote: > Surely I don't have to point out that when Teddy Roosevelt was president > the USA was still on the gold standard, so his remarks are completely > irrelevant to modern currency markets. > That's irrelevant - big stick diplomacy has formed

Re: [silk] The Demise Of The Dollar

Surely I don't have to point out that when Teddy Roosevelt was president the USA was still on the gold standard, so his remarks are completely irrelevant to modern currency markets. -- Charles On Fri., 31 May 2019, 7:04 pm Srini RamaKrishnan, wrote: > On Fri, May 31, 2019 at 1:13 AM Charles

Re: [silk] The Demise Of The Dollar

On Fri, May 31, 2019 at 1:13 AM Charles Haynes wrote: > The US Military has nothing to do with it. Surely I don't have to quote Teddy Roosevelt to you, "Speak softly and carry a big stick; you will go far."

Re: [silk] The Demise Of The Dollar

The US Dollar is backed by "the full faith and credit of the US Government" of which the military is only a part. Much more relevant to the value of the dollar is the strength of the US economy, the trustworthiness of the US central bank, and the willingness of the US government to pay honor the

Re: [silk] The Demise Of The Dollar

On Thu, May 30, 2019 at 7:30 AM Udhay Shankar N wrote: > > A follow up to the follow up (message left unedited below for context) > > https://www.wsj.com/articles/the-dollar-powers-american-dominance-rivals-are-building-workarounds-11559155440 The US Dollar is backed by the might of the scariest

Re: [silk] The Demise Of The Dollar

One hack which works (just tried it with this article) Copy the URL and paste it into your Facebook timeline Use the 'only me' option and share it Now you can read the whole article On Thu, May 30, 2019, 7:42 AM Prashant Kothari Articles behind a paywall and it looks like the WSJ is blocking

Re: [silk] The Demise Of The Dollar

Articles behind a paywall and it looks like the WSJ is blocking Outline as well Best regards Prashant Kothari > On May 29, 2019, at 9:59 PM, Udhay Shankar N wrote: > > A follow up to the follow up (message left unedited below for context) > >

Re: [silk] The Demise Of The Dollar

A follow up to the follow up (message left unedited below for context) https://www.wsj.com/articles/the-dollar-powers-american-dominance-rivals-are-building-workarounds-11559155440 On Wed, Jan 13, 2016 at 11:22 AM Udhay Shankar N wrote: > Interesting follow up on this old thread: > > >

Re: [silk] The Demise Of The Dollar

On Wed, Jan 13, 2016 at 11:22 AM, Udhay Shankar N wrote: Interesting follow up on this old thread: > > > http://indianexpress.com/article/business/business-others/iran-india-to-settle-outstanding-crude-oil-dues-in-rupees/ > ​More straws in the wind:​

Re: [silk] The Demise Of The Dollar

Interesting follow up on this old thread: http://indianexpress.com/article/business/business-others/iran-india-to-settle-outstanding-crude-oil-dues-in-rupees/ Udhay On 06-11-2009 07:50, Udhay Shankar N wrote: http://www.ft.com/cms/s/0/0eaa4a80-c856-11de-a69e-00144feabdc0.html Gold extends

Re: [silk] The Demise Of The Dollar

Udhay Shankar N wrote, [on 10/7/2009 2:04 PM]: http://articles.moneycentral.msn.com/Investing/JubaksJournal/KuwaitKicksSandOnTheDollar.aspx The U.S. dollar took a big hit last week. From Kuwait. On May 20, Kuwait stopped pegging its currency, the dinar, to the U.S. dollar. The UAE is

Re: [silk] The Demise Of The Dollar

On Wednesday 07 Oct 2009 2:04:21 pm Udhay Shankar N wrote: Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East. What's in it for China? If China can't trade oil in US$ what will China do with the

Re: [silk] The Demise Of The Dollar

ss wrote, [on 10/8/2009 3:24 PM]: Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East. What's in it for China? If China can't trade oil in US$ what will China do with the $ 1 trillion its

Re: [silk] The Demise Of The Dollar

Udhay Shankar N [08/10/09 15:30 +0530]: Very good question, that I was wondering about too. Maybe we'll find out more over the next few weeks. It depends - how much do we want to hurt ourselves while hurting the USA might be one potential question that gets asked. Or a way to drive down $

Re: [silk] The Demise Of The Dollar

2009/10/8 ss cybers...@gmail.com On Wednesday 07 Oct 2009 2:04:21 pm Udhay Shankar N wrote: Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East. What's in it for China? If China can't trade

Re: [silk] The Demise Of The Dollar

On Thu, Oct 08, 2009 at 04:26:39PM +0530, Kiran K Karthikeyan wrote: The problem that China faces is that with its $200 billion trade surplus with the US, and most of the foreign direct investment into China being in $, and the fact that it doesn't want to devalue its own currency means it

Re: [silk] The Demise Of The Dollar

2009/10/8 Eugen Leitl eu...@leitl.org Oh, and I'm still working on the pirate party program: http://eugen.leitl.org/pirateprogram.txt and could use some input. No inputs, but I like symmetric upstream/downstream. In India, upload is usually less than half of the download bandwidth, though one

Re: [silk] The Demise Of The Dollar

On Thu, Oct 08, 2009 at 04:52:36PM +0530, Kiran K Karthikeyan wrote: No inputs, but I like symmetric upstream/downstream. In India, upload is usually less than half of the download bandwidth, though one ISP has a symmetric plan now. It is obvious why assymetric bandwidth is the norm, people

Re: [silk] The Demise Of The Dollar

2009/10/8 Kiran K Karthikeyan kiran.karthike...@gmail.com: and the fact that it doesn't want to devalue its own currency means it has to keep buying $ to keep it at its current level. Correction - buying $ actually leads to the value of the Yuan decreasing. What they don't want is it

Re: [silk] The Demise Of The Dollar

On Thu, Jun 11, 2009 at 1:34 PM, Udhay Shankar N ud...@pobox.com wrote: http://articles.moneycentral.msn.com/Investing/JubaksJournal/KuwaitKicksSandOnTheDollar.aspx The U.S. dollar took a big hit last week. From Kuwait. On May 20, Kuwait stopped pegging its currency, the dinar, to the U.S.

Re: [silk] The Demise Of The Dollar

On Nov 16, 2007 9:39 PM, Abhijit Menon-Sen [EMAIL PROTECTED] wrote: At 2007-11-16 09:52:47 +0530, [EMAIL PROTECTED] wrote: (regarding polichathu vs. pollichathu) There isn't any Three-l lllama. There isn't a three-l polllichathu either, but there's a 1-U (non-rackmountable) version

Re: [silk] The Demise Of The Dollar

On Nov 7, 2007 12:14 AM, Thaths [EMAIL PROTECTED] wrote: On Nov 6, 2007 9:55 AM, Charles Haynes [EMAIL PROTECTED] wrote: 1) Food 2) More food 3) Good food Lots of this to be had. Try both the local Keralan cuisine and also the fusion cuisine. There are some good cookbooks on Malayalee

Re: [silk] The Demise Of The Dollar

At 2007-11-16 09:52:47 +0530, [EMAIL PROTECTED] wrote: (regarding polichathu vs. pollichathu) There isn't any Three-l lllama. There isn't a three-l polllichathu either, but there's a 1-U (non-rackmountable) version of the 1-l word (i.e. pulichathu) that also means something different

Re: [silk] The Demise Of The Dollar

Udhay Shankar N wrote: [ on 12:29 PM 6/4/2007 ] Another data point: http://articles.moneycentral.msn.com/Investing/JubaksJournal/KuwaitKicksSandOnTheDollar.aspx The U.S. dollar took a big hit last week. From Kuwait. On May 20, Kuwait stopped pegging its currency, the dinar, to the U.S.

Re: [silk] The Demise Of The Dollar

At 2007-11-07 10:47:02 +0530, [EMAIL PROTECTED] wrote: And is this really the same word as split, or did the Englishification screw it up? This morning, several days later, it suddenly occurred to me that it is in fact a different word, and that I know both words, and that the one-l word means

Re: [silk] The Demise Of The Dollar

Abhijit Menon-Sen wrote: [ on 09:45 AM 11/16/2007 ] (regarding polichathu vs. pollichathu) This morning, several days later, it suddenly occurred to me that it is in fact a different word, and that I know both words, and that the one-l word means split, and the two-l word means scorched (or

Re: [silk] The Demise Of The Dollar

On Nov 6, 2007 10:39 PM, Udhay Shankar N [EMAIL PROTECTED] wrote: http://www.bloomberg.com/apps/news?pid=20601087sid=ahGpyu4D9xBkrefer=worldwide Another one, this one a little more amusing (but nonetheless a datum) http://online.wsj.com/article/SB119431747214683561.html?mod=googlenews_wsj

Re: [silk] The Demise Of The Dollar

On Thu, Nov 08, 2007 at 02:13:35AM +0530, Gautam John wrote: # The US dollar has now lost more than a third of its value (-35%) against a basket of major currencies since Feb 2002. # The decline is accelerating. The USD has shed -12.5% of its value in the last year, -3.5% in the last month,

Re: [silk] The Demise Of The Dollar

Getting back to the original thread, the demise of the dollar: # The US dollar has now lost more than a third of its value (-35%) against a basket of major currencies since Feb 2002. # The decline is accelerating. The USD has shed -12.5% of its value in the last year, -3.5% in the last month, and

Re: [silk] The Demise Of The Dollar

Udhay Shankar N said the following on 06/11/2007 21:09: Udhay, just back from a few days in a resort in Kerala that appeared largely populated by Europeans -- nary a USAnian in sight, FWIW. Kerala is way too exotic for Americans to go to. Besides, it's too near Eyerack, EyeRAN, and all those

Re: [silk] The Demise Of The Dollar

On 11/6/07, Charles Haynes [EMAIL PROTECTED] wrote: On 11/6/07, Ramakrishnan Sundaram [EMAIL PROTECTED] wrote: Udhay Shankar N said the following on 06/11/2007 21:09: Udhay, just back from a few days in a resort in Kerala that appeared largely populated by Europeans -- nary a USAnian in

Re: [silk] The Demise Of The Dollar

Hi Charles, If you intend to travel around Cochin ( say another 100+ kms) you could see a lot more. BTW what kind of stuff are in interested, culture/history/nature ? regards Anish On 11/6/07, Charles Haynes [EMAIL PROTECTED] wrote: On 11/6/07, Charles Haynes [EMAIL PROTECTED] wrote: On

Re: [silk] The Demise Of The Dollar

Udhay Shankar N said the following on 06/11/2007 21:31: Didn't you get married in Varkala? You'd probably not recognise the place -- lots of shops with signs like Ici on parle Francais and so forth. Did you stay in the Taj, then? Lovely place, terrible (Mal) service. Ram

Re: [silk] The Demise Of The Dollar

Forgot to mention - it'll be with two friends from the US who've never been to India before. Any suggestions of cool things to do in Cochin or environs either before or after? Fish dishes at the Grand Hotel (it is a faded old three star hotel, quite cheap but clean .. but its restaurant is

Re: [silk] The Demise Of The Dollar

Charles Haynes said the following on 06/11/2007 21:40: Forgot to mention - it'll be with two friends from the US who've never been to India before. Any suggestions of cool things to do in Cochin or environs either before or after? Haven't been there recently, so don't know if this still holds

Re: [silk] The Demise Of The Dollar

Ramakrishnan Sundaram wrote [at 10:46 PM 11/6/2007] : Udhay, just back from a few days in a resort in Kerala that appeared largely populated by Europeans -- nary a USAnian in sight, FWIW. Kerala is way too exotic for Americans to go to. Besides, it's too near Eyerack, EyeRAN, and all those

Re: [silk] The Demise Of The Dollar

So why ARE there so few Jews in India? I know that historically there were thriving Jewish communities. Is it because they, in general, supported the Raj? Is it because of some form of historical leftist anti-semitism? Most of them emigrated en masse to Israel. There have been some very

Re: [silk] The Demise Of The Dollar

On 11/6/07, Anish Mohammed [EMAIL PROTECTED] wrote: Hi Charles, If you intend to travel around Cochin ( say another 100+ kms) you could see a lot more. BTW what kind of stuff are in interested, culture/history/nature ? 1) Food 2) More food 3) Good food 4) History 5) Culture My friends

Re: [silk] The Demise Of The Dollar

On Nov 6, 2007 9:40 AM, Charles Haynes [EMAIL PROTECTED] wrote: Forgot to mention - it'll be with two friends from the US who've never been to India before. Any suggestions of cool things to do in Cochin or environs either before or after? I was in kochi in Jun of 2005. My photos:

Re: [silk] The Demise Of The Dollar

On Nov 6, 2007 9:55 AM, Charles Haynes [EMAIL PROTECTED] wrote: 1) Food 2) More food 3) Good food Lots of this to be had. Try both the local Keralan cuisine and also the fusion cuisine. There are some good cookbooks on Malayalee cuisine available as well. 4) History Fort Kochi is good.

Re: [silk] The Demise Of The Dollar

At 2007-11-06 10:44:33 -0800, [EMAIL PROTECTED] wrote: (FWIW Jew Town would probably be offensive to most Jews [...] IMO, Jew Town, despite the name, is not offensive. I thought he meant the name was offensive. -- ams

Re: [silk] The Demise Of The Dollar

on the jewish story. there were a few thousand European Jews who were in INdia in the 40s in mumbai who later went to Israel. there were refugees during the war. One of my friends' dad taught French at University of Mumbai and met a lot of the jewish people at the time. 2007/11/6, ashok _ [EMAIL

Re: [silk] The Demise Of The Dollar

On 6 Nov 2007, [EMAIL PROTECTED] wrote: If you are driving down to Cochin, take the scenic route through Gundulpet, Bathery, and Calicut. It's quite a lovely drive. 1) Food When in Calicut, go for lunch to the Paragon hotel (ask anyone, it is a small town). Ask for 'meen pollichathu'. Eat it

Re: [silk] The Demise Of The Dollar

On 11/7/07, Alok G. Singh [EMAIL PROTECTED] wrote: Keep asking for 'meen pollichathu' until the fish is 'aikura'. It's usually a different fish everyday. I disagree. Aikura is the local name for seer. Ask for kari-meen or pearl spot. That's the one to be had as 'meen pollichathu'. Go across

Re: [silk] The Demise Of The Dollar

On 11/6/07, Charles Haynes [EMAIL PROTECTED] wrote: (FWIW Jew Town would probably be offensive to most Jews, but we will be visiting Cochin's Jewish Quarter and synagogues for sure.) Historically, Jew Town is what Cochin's Jewish Quarter (uhh ... Jewish sixty-fourth?) is called. I've noticed

Re: [silk] The Demise Of The Dollar

At 2007-11-07 10:02:53 +0530, [EMAIL PROTECTED] wrote: What's the place with the 'netti pollichathu kozhi? Roughly, it translates to 'chicken fried standing-up'. Actually, it would translate to chicken /split/, not fried, standing up. I think the word you're looking for is porichathu (r not

Re: [silk] The Demise Of The Dollar

On 11/7/07, Abhijit Menon-Sen [EMAIL PROTECTED] wrote: Actually, it would translate to chicken /split/, not fried, standing up. I think the word you're looking for is porichathu (r not ll), though the transliteration into English leaves much to be desired either way. I stand corrected.

Re: [silk] The Demise Of The Dollar

On 11/7/07, Abhijit Menon-Sen [EMAIL PROTECTED] wrote: At 2007-11-07 10:02:53 +0530, [EMAIL PROTECTED] wrote: What's the place with the 'netti pollichathu kozhi? Roughly, it translates to 'chicken fried standing-up'. Actually, it would translate to chicken /split/, not fried, standing up.

Re: [silk] The Demise Of The Dollar

On 11/7/07, Binand Sethumadhavan [EMAIL PROTECTED] wrote: Pollichathu - coated with spices, wrapped in a banana leaf and baked. It's baked? Whenever I've had it, it's always been fried.

Re: [silk] The Demise Of The Dollar

At 2007-11-07 10:24:12 +0530, [EMAIL PROTECTED] wrote: Pollichathu - coated with spices, wrapped in a banana leaf and baked. Really? Wow. And is this really the same word as split, or did the Englishification screw it up? -- ams

Re: [silk] The Demise Of The Dollar

On 11/7/07, Gautam John [EMAIL PROTECTED] wrote: On 11/7/07, Binand Sethumadhavan [EMAIL PROTECTED] wrote: Pollichathu - coated with spices, wrapped in a banana leaf and baked. It's baked? Whenever I've had it, it's always been fried. It's baked in a frying pan. You put just enough oil so

Re: [silk] The Demise Of The Dollar

And now I'm hungry... I wonder if the Grand is still as good as it once was... I ate there a few months ago and it was superlative. Alleppey fish curry (instead of karimeen), and a chicken chettinad that had some amazingly tender, perfectly cooked chicken, seasoned with fresh pepper and was,

Re: [silk] The Demise Of The Dollar

On 11/7/07, Suresh Ramasubramanian [EMAIL PROTECTED] wrote: I ate there a few months ago and it was superlative. And then there's Fry's. How I love that place. I'm not sure how well known it is though. Ceylon Bake House, has unfortunately gone down the sh**ter.

Re: [silk] The Demise Of The Dollar

On 11/7/07, Biju Chacko [EMAIL PROTECTED] wrote: It's baked in a frying pan. You put just enough oil so that it doesn't stick to the pan and then close the pan. Effectively it's baked in the banana leaf. And now I'm hungry... I wonder if the Grand is still as good as it once was...

Re: [silk] The Demise Of The Dollar

On 07/11/2007, Gautam John [EMAIL PROTECTED] wrote: On 11/7/07, Binand Sethumadhavan [EMAIL PROTECTED] wrote: Pollichathu - coated with spices, wrapped in a banana leaf and baked. It's baked? Whenever I've had it, it's always been fried. The Malayalam verb pollikkuka means, among other

Re: [silk] The Demise Of The Dollar

Saw this today: http://www.egoli.com.au/egoli/egoliStoryPage.asp?PageID=%7B90E34BAE-B2A1-4123-B80F-0BB403F8C72E%7DSection=Feature ...There are only two possibilities from here on. Either the US dollar collapses or a controlled devaluation is allowed. A controlled devaluation means the

Re: [silk] The Demise Of The Dollar

Gautam John [EMAIL PROTECTED] wrote: ...There are only two possibilities from here on. Either the US dollar collapses or a controlled devaluation is allowed. A controlled devaluation means the revaluation of those currencies that are undervalued. Read: Asia. India has untethered its currency.

Re: [silk] The Demise Of The Dollar

On Mon, Jul 09, 2007 at 08:17:29PM +0530, Gautam John wrote: ...There are only two possibilities from here on. Either the US dollar collapses or a controlled devaluation is allowed. A controlled a controlled devaluation is allowed. I would really like to see that trick when the

Re: [silk] The Demise Of The Dollar

exchange rates are not an indicator of the health of an economy. indeed, lowering rates can lead to export driven growth. the fall of the pound, and its eviction from the european exchange rate mechanism in 1992 preceded a period of considerable growth for the british economy. On Tue, 2007-06-26

Re: [silk] The Demise Of The Dollar

Rishab Aiyer Ghosh [EMAIL PROTECTED] wrote: exchange rates are not an indicator of the health of an economy. indeed, lowering rates can lead to export driven growth. the fall of the pound, and its eviction from the european exchange rate mechanism in 1992 preceded a period of considerable

Re: [silk] The Demise Of The Dollar

On 6/22/07, Srini Ramakrishnan [EMAIL PROTECTED] wrote: On 6/20/07, Udhay Shankar N [EMAIL PROTECTED] wrote: Srini Ramakrishnan wrote: [ on 05:53 PM 6/20/2007 ] [...] And what does the last sentence mean, as well? That Taiwan and Tiber are at military risk? Explain, please. I'll have to wait

Re: [silk] The Demise Of The Dollar

Srini Ramakrishnan [EMAIL PROTECTED] wrote: China treats Taiwan as a yet to be annexed portion of mainland China; I wouldn't be surprised if in the minds of the Chinese mandarins (!) Taiwan is treated no differently from Hong Kong. Here too the US could make things rather queer for the

Re: [silk] The Demise Of The Dollar

On 6/26/07, Suresh Ramasubramanian [EMAIL PROTECTED] wrote: Srini Ramakrishnan [EMAIL PROTECTED] wrote: China treats Taiwan as a yet to be annexed portion of mainland China; I wouldn't be surprised if in the minds of the Chinese mandarins (!) Taiwan is treated no differently from Hong

Re: [silk] The Demise Of The Dollar

On 6/20/07, Udhay Shankar N [EMAIL PROTECTED] wrote: Srini Ramakrishnan wrote: [ on 05:53 PM 6/20/2007 ] [...] And what does the last sentence mean, as well? That Taiwan and Tiber are at military risk? Explain, please. I'll have to wait for the weekend before I can spend any more time on

Re: [silk] The Demise Of The Dollar

On Thu, Jun 21, 2007 at 07:19:37AM +0530, Charles Haynes wrote: I will bet you up to US$10,000 that the US will not default on any I will bet you ten trillion chickens that there's a wart on your nose. significant fraction (10%) of its public debt within the next 10 years. Yeah, if you can

Re: [silk] The Demise Of The Dollar

On 6/21/07, Eugen Leitl [EMAIL PROTECTED] wrote: On Thu, Jun 21, 2007 at 07:19:37AM +0530, Charles Haynes wrote: I will bet you up to US$10,000 that the US will not default on any I will bet you ten trillion chickens that there's a wart on your nose. significant fraction (10%) of its public

Re: [silk] The Demise Of The Dollar

On 6/21/07, Charles Haynes [EMAIL PROTECTED] wrote: On 6/21/07, Eugen Leitl [EMAIL PROTECTED] wrote: On Thu, Jun 21, 2007 at 07:19:37AM +0530, Charles Haynes wrote: I will bet you up to US$10,000 that the US will not default on any I will bet you ten trillion chickens that there's a wart

Re: [silk] The Demise Of The Dollar

On Thu, Jun 21, 2007 at 03:54:45PM +0530, Charles Haynes wrote: It's easy to make dramatic predictions, but most of them are just throwaways - noise. I believe you are mistaken in your prediction, and I don't care about predictions (I did anticipate the .bomb though, down to half a year, but

Re: [silk] The Demise Of The Dollar

On 6/12/07, Binand Sethumadhavan [EMAIL PROTECTED] wrote: On 04/06/07, Udhay Shankar N [EMAIL PROTECTED] wrote: http://articles.moneycentral.msn.com/Investing/JubaksJournal/KuwaitKicksSandOnTheDollar.aspx The U.S. dollar took a big hit last week. From Kuwait. On May 20, Kuwait stopped

Re: [silk] The Demise Of The Dollar

Agreed that the Americans are piss poor imperialists, and have been blundering all over the landscape trying to wield their power with incompetence. But, even for Duhbya, letting the dollar collapse would take remarkable effort. Srini, What is your point? That despite all their economic

Re: [silk] The Demise Of The Dollar

On Wed, Jun 20, 2007 at 12:59:27PM +0100, Badri Natarajan wrote: What is your point? That despite all their economic mismanagement and the ground realities pointed out in the two articles mentioned, the US/world The US has no power. Each of major creditors have it, though. will simply not

Re: [silk] The Demise Of The Dollar

Blatant imperialism may be in bad form these days, but bullets and bombs still kill, and there are always Machiavellian mandarins that will advocate still more jackboot diplomacy. The US doesn't make its share of contributions to the UN, nor to global warming. What makes you think they will fear

Re: [silk] The Demise Of The Dollar

Srini Ramakrishnan wrote: [ on 05:53 PM 6/20/2007 ] The US doesn't make its share of contributions to the UN, nor to global warming. What makes you think they will fear their creditors? Who do you think can cast the first stone? China? They like Taiwan and Tibet too much. Eh? I am not able

Re: [silk] The Demise Of The Dollar

Udhay Shankar N wrote: [ on 06:23 PM 6/20/2007 ] The US doesn't make its share of contributions to the UN, nor to global warming. What makes you think they will fear their creditors? Who do you think can cast the first stone? China? They like Taiwan and Tibet too much. Eh? I am not able to

Re: [silk] The Demise Of The Dollar

On Wed, Jun 20, 2007 at 07:27:23PM +0530, Udhay Shankar N wrote: Udhay Shankar N wrote: [ on 06:23 PM 6/20/2007 ] The US doesn't make its share of contributions to the UN, nor to global warming. What makes you think they will fear their creditors? Who do you think can cast the first stone?

Re: [silk] The Demise Of The Dollar

This might prove instructive: http://www.ustreas.gov/tic/mfh.txt Very interesting. India only has US$ 20 billion in Treasury bonds? I believe Indian foreign exchange reserves are currently in the region of US$ 150 billion - where's the rest of the money parked? Badri

Re: [silk] The Demise Of The Dollar

On Wed, Jun 20, 2007 at 07:27:23PM +0530, Udhay Shankar N wrote: This might prove instructive: http://www.ustreas.gov/tic/mfh.txt what does this show? that east asian countries hold much of US public debt? the chance that the US will not repay debt is negligible. debt as a share of GDP is

Re: [silk] The Demise Of The Dollar

On Wed, Jun 20, 2007 at 03:34:09PM +0100, Badri Natarajan wrote: Very interesting. India only has US$ 20 billion in Treasury bonds? I believe Indian foreign exchange reserves are currently in the region of US$ 150 billion - where's the rest of the money parked? for 2005, securities, commercial

Re: [silk] The Demise Of The Dollar

Rishab Aiyer Ghosh wrote: [ on 08:18 PM 6/20/2007 ] http://www.ustreas.gov/tic/mfh.txt what does this show? that east asian countries hold much of US public debt? the chance that the US will not repay debt is negligible. In effect, that was my point. Partly, by implying that the threat of

Re: [silk] The Demise Of The Dollar

On Wed, Jun 20, 2007 at 10:59:29PM +0530, Udhay Shankar N wrote: the chance that the US will not repay debt is negligible. In effect, that was my point. Partly, by implying that the threat of How can the US repay its debt? Why should it do it, it will just default, as all states in the past

Re: [silk] The Demise Of The Dollar

On Wed, Jun 20, 2007 at 07:58:21PM +0200, Eugen Leitl wrote: How can the US repay its debt? Why should it do it, it will just as i noted, the US has a lower ratio of debt to GDP than many other rich countries. debt-to-income is the basic measure of default risk (e.g. for individuals or firms)

Re: [silk] The Demise Of The Dollar

On Wed, Jun 20, 2007 at 06:43:11PM +, Rishab Aiyer Ghosh wrote: On Wed, Jun 20, 2007 at 07:58:21PM +0200, Eugen Leitl wrote: How can the US repay its debt? Why should it do it, it will just as i noted, the US has a lower ratio of debt to GDP than many other rich countries. I did not

Re: [silk] The Demise Of The Dollar

On Wed, Jun 20, 2007 at 10:08:50PM +0200, Eugen Leitl wrote: Single-metric views are always lopsided. I suggest to read the Second Great Depression. It does make sense to me; feel that may not be single-metric, but it's very single-sided. it focuses on the US almost in isolation, hardly

Re: [silk] The Demise Of The Dollar

On 6/20/07, Eugen Leitl [EMAIL PROTECTED] wrote: On Wed, Jun 20, 2007 at 10:59:29PM +0530, Udhay Shankar N wrote: the chance that the US will not repay debt is negligible. In effect, that was my point. Partly, by implying that the threat of How can the US repay its debt? Why should it do

Re: [silk] The Demise Of The Dollar

On 04/06/07, Udhay Shankar N [EMAIL PROTECTED] wrote: http://articles.moneycentral.msn.com/Investing/JubaksJournal/KuwaitKicksSandOnTheDollar.aspx The U.S. dollar took a big hit last week. From Kuwait. On May 20, Kuwait stopped pegging its currency, the dinar, to the U.S. dollar. Related?

Re: [silk] The Demise Of The Dollar

-BEGIN PGP SIGNED MESSAGE- Hash: SHA256 Udhay Shankar N said the following on 04/06/2007 10:59: You know your currency has become a 98-pound weakling when Kuwait can kick sand on it. More like a 1/2-pound weakling. The GCC countries import all commodities, largely from Europe and