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The USDollar Paper Tiger

- Jim Willie CB - Hat Trick Letter

Jim, i do not think Mr. Willie to be any more shrill or phobic than usual. Indeed, i do not find him to be either whatsoever. It may sound that way to you, but please realize, sometimes there really are things to be concerned about.

And please allow me to clear up that which seems contradictory to you regarding the Sunburn and Onyx missile systems and Iran being a threat to the world for posessing them. They are both weapons used for defence; the Sunburn can shoot down incoming planes or missiles while the Onyx is designed to take out ships. Both have limited ranges that pose absolutely no threat to the West unless you consider it threatening that a nation might seek to defend itself from attack.

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Beginning of the headline : Events in the last decade displayed a vigorous effort to defend the USDollar.The rogue nation of Iraq sold crude oil in Euros for three years, until they were liberated.Its tyrant was a scourge to be sure.Weapons of financial mass destruction seem to have replaced the traditional type, the new variety being derivatives, mortgage bonds, and even sovereign bonds from weak nations... Read More

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