Does someone want USD?

“America if measured by the lofty ideals of its birth is a failed experiment”. I laughed my ass off as I read this economic blog on the oracle. I sit here waiting for my flight to be announced.

I wonder what caused USA to be in such dire consequences. Why did such a huge economy land itself in such a predicament that even sunlight feels planets away? I was excited as almost everybody seeing Mr. Obama as the next president of USA Dec 2008. I had great trust in this athletic looking guy, (black guy), who spoke about wisdom, peace and economy. Seldom are people with such oratory skills gifted to mankind. Adolf Hitler was one among them.

Obama not only failed to deliver his peace promises but also failed miserably in straightening the corporate policies for earth’s doom. “War at Afghanistan” after his Nobel peace prize... Wow. ! . Way to go buddy.. That’s like kicking in the gutt of the judges and saying, “SURPRISEEE… “

USA is facing huge debt crises. Who is going to repay 12 trillion USD? (For those who wonder how much 12 trillion USD would amount? Imagine all the money in the Indian economy. Imports, exports, domestic trade etc.. This would sum up to 1.4trillion USD. Which means USA debt is almost 9 times the entire money in the entire Indian economy).

Now Uncle Sam can’t possibly print more dollars. It will only land itself deeper in the mud. Let me make it, a little more clearly as to what happens if Uncle Sam prints more Dollars to return their debt. By printing more dollars US would reduce the value of dollar. (The more the commodity the less the demand and thus less the value. basic economics with a lot of world trade.).. Damn! The Chinese are going to be bloody pissed with 790 billion USD invested in USA.

So who takes the huge burden? The common man! This debt would also be transferred to other commoners across the globe. China is not going to invest in Dollars nor will the Indians. This potentially leaves Brazil and South Africa who are shunning themselves from the dollar. I do not want to scare the ignorant people with such blogs, but my only intention is to spread awareness. Prepare yourself for future. Avoid investing in USD. The best solution is to perhaps diversify your business to other countries to lessen the impact. No one can avert the coming disaster unless very strong social changes are brought about by the white house, which I really doubt seeing Obama dance to the tune of the corporate world.

As I ponder over the US debt I realize that all these years USA has lived life king size over others expenses. Their greed for money and power blinded them from this huge disaster. I believe my flight has been announced. I would want to make this clear that I am not so much of an anti American but it’s just that the recent policies have really been sick down to the core.

Will come up with better reports the next time.. Chow..