Tuesday, October 6, 2009

The Changing Economic Order



The United States dollar (sign: $; code: USD) is the unit of currency of the United States. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents (200 half-cents prior to 1857). Link
The U.S. dollar is the currency most used in international transactions.Several countries use it as their official currency, and in many others it is the de facto currency. Since the close of World War 2, the dollar has maintained a positon of stability and hegemony in world economic affairs. The stability and strength of the dollar as an international currency has resulted in extensive foreign investments in the past 50+ years. Following the current economic crisis and continuing recession, will the United States' Dollar (U.+S. = $) now take a backseat to the Euro or new alternative currencies?

The end of the supremacy of the Yankee Dollar ?

China, Europe, Middle Eastern nations and the demise of the dollar?

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Current Reading

  • Midnight Rising: John Brown and the Raid that Sparked the Civil War- Tony Horwitz
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  • Dead Funny: Humor in Nazi Germany - Rudolph Herzog
  • Exile on Main Street - Robert Greenfield
  • Among the Truthers - A Journey Among America's Growing Conspiracist Underworld - Jonathan Kay
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  • What Is Your Dangerous Idea? Thinking the Unthinkable - John Brockman
  • Notes from the Edge Times - Daniel Pinchbeck
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  • Un Juif pour l'exemple (translated as A Jew Must Die )- Jacques Cheesex
  • The God Delusion - Richard Dawkins
  • Pale King - David Foster Wallce
  • David Bowie: Starman bio - Paul Trynka
  • Tobacco Stained Mountain Goat - Andrez Bergen
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  • FIrst as Tragedy Next as Farce - Slavoj Zizek
  • How to Survive a Robot Uprising - Daniel Wilson
  • Where is My Jet Pack? -Daniel Wilson
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  • First Civilizations
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  • Eichmann in Jerusalem - Hannah Arendt
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  • Rome
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  • Coast of Utopia - Tom Stoppard
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  • Dream -Re-Imagining Progressive Politics in an Age of Fantasy - Stephen Duncombe
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  • Studio A - The Bob Dylan Reader

Current Listening

  • Alexi Murdoch Wait
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  • Wilco The Album
  • Carmina Burana - Ray Manzarek (& Michael Riesmann)
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  • Ghost of a Chance Garland Jeffries
  • Yellow Magic Orchestra
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  • John Lee Hooker
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  • Wild Palms - Soundtrack -Ryuichi Sakamoto
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  • Commander Cody& His Lost Planet Airmen Live at Armadillo