When it has the biggest national deficit of any country. Currently standing at 01/30/2007 $8,688,193,398,145.10
At current the U.S. is able to get away with it because the world trades oil in dollars so all the world has to buy dollars to buy oil helping keep the country buoyant. This danger can be seen as just before the second gulf war sadam insinuated he would start trading oil in euros instead and almost over night the currencies that were not close before hit parity (no war or conspiracy answers please). Danger awaits and i think most people dont realise or don't care. What do you think?
2007-02-02
02:23:31
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12 answers
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asked by
hoegaarden_drinker
5
in
Economics