Belmont Club

By Richard Fernandez

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The war in the ether

August 12, 2008 - 3:47 pm - by Richard Fernandez
Jay
2008-08-13 07:20:58

I agree with S. Finally someone is writing in besides me that we are living in a fools paradise with respect to the world economy. Even Australia with its strong dollar and commodity exports has some economic problems beyond the drought.
If O wins then our economy will tank. Read what happened to the Wiemar Republic after they reverted to the gold standard after the hyperinflation but still spent more than they were collecting in taxes.