Comments on: Paul Krugman: Dealing With the Dragon https://bartblog.bartcop.com/?p=2142 The Blog of BartCop.com Wed, 14 Nov 2012 04:36:18 +0000 hourly 1 http://wordpress.org/?v=3.9 By: Volt https://bartblog.bartcop.com/?p=2142&cpage=1#comment-7365 Mon, 07 Jan 2008 01:12:37 +0000 http://bartblog.bartcop.com/2008/01/05/paul-krugman-dealing-with-the-dragon/#comment-7365 Read the whole thing Grimmy.

How is cutting the tax rates of the wealthy going to help us with our trade deficit?

–Volt–

]]> By: Rainlander https://bartblog.bartcop.com/?p=2142&cpage=1#comment-7360 Sun, 06 Jan 2008 17:20:39 +0000 http://bartblog.bartcop.com/2008/01/05/paul-krugman-dealing-with-the-dragon/#comment-7360 The above article is basically another chicane by the royal OPEC members.
What has been disrupted is the flow of American dollars that would have been used to pay for crude oil.
in 1972 OPEC was formed when geoligist’s realised that the United States had passed the point of diminishing returns,
One of the main points of the OPEC accord was that all crude oil sold by OPEC member countries would be paid for in American Dollars.
So the American Dollar would become king of all currency for almost thirty years until member nations of G.W.Bush’s axis of evil decided to start using the Euro,In the case of Irag,Sadaam
wanted to use the Euro to work-around the UN food for oil sanctions and devalue the dollar.
Iran and North Korea soon followed suit and Sadaam was made an example of by the coalition of the willing,
then the five hundred pound gorilla came into the room and made itself at home and the Bush administration tried diplomacy instead of its usual threats and demands.
I think that sums it up.

]]> By: grimgold https://bartblog.bartcop.com/?p=2142&cpage=1#comment-7352 Sun, 06 Jan 2008 01:17:02 +0000 http://bartblog.bartcop.com/2008/01/05/paul-krugman-dealing-with-the-dragon/#comment-7352 Volt, the rest of the article is gone. it was good too.
The FairTax would go a long way in making us competitive with the Chinese.

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