Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.
And I don't just say that because it reinforces my prejudices...
The article at this link is quite lengthy (that's a charting term, which means 'long'), but really is a must-read for anyone who wants to get their head around the current geopolitical environment. Put simply, the US government knows that if there's ANY switch away from (or even a slowing in the accumulation of) USD reserve holdings by foreign governments, the US will lose the ability to get the rest of the world to underwrite the US economy's tendency to live beyond its means.
So the mindless masses are fed bromides about Freedom and Tyranny, Good and Evil... when at the end of the day it's just about trying to hold up the (dying) USD. Sic transit gloria mundi...
Anyhow - here's the link:
