Monday, January 21, 2008

More Dollar problems

FOREIGNERS BUY STAKES IN USA AT RECORD PACE...

American Theocracy: Radical Religion, Oil, and Debt: Kevin Phillips describes how world dominating powers historically typically unravel through global overreach, militant religion, resource problems, and ballooning debt.

Overseas Investors Buy Aggressively in U.S. : For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing.

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