Was the invasion of Iraq intended to create a new pawn on the global chessboard, one that could be used to place the Chinese king in check? The Iraqi oil reserves were meant to be a means to an end, not an end in themselves.
!---This is an attempt to harness the ZH brain trust, an invitation to discuss---!
Inflation or deflation, the Chinese will lose most of the value of their USD-denominated holdings, and the USD will lose the confidence of the rest of the world. What then?
A scenario, probably far-fetched, that points to a stronger Russia over the next half century.
HFT creates systemic instability and makes market manipulation much easier.
Does anyone else find the new look (compared to blogger) inefficient when it comes to accessing information?