Yousef al Otaiba, has reassured American officials that its purchase of Citibank will not be used to exert political pressure on
"The energy, financial and political woes that grip the U.S. signal a decisive shift in world power, mocking the liberal delusion that Barack Obama or John McCain can return American prestige and power to its pre-Bush year 2000 nirvana," he wrote. "There is no such nirvana. There is instead a new reality: the greatest transfer of income in human history [and] the rise of a new breed of wealthy autocracies that cripple U.S. hopes of dominating the global system and demands on the U.S. to make fresh compromises in a world where power is rapidly being diversified."
Things seem to be happening at hyper-speed
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Good read
We are being sold out by most of our elected officials, the treasury and the federal reserve.
yeah but the crazy part is......
"They" don't even know if we are a good risk at basement fire sale prices.
I doubt that. They could be
I doubt that. They could be using this to scope up US property for pennies on the dollar.
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