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LTC Trent Klug
6
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They are correct. India and Brazil will no longer use the US dollar as the reserve currency. It's gonna be a bumpy ride and we may not fare well from the change.
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MAJ Dale E. Wilson, Ph.D.
MAJ Dale E. Wilson, Ph.D.
1 y
You can bet on that.
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CPT Gurinder (Gene) Rana
1
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Outstanding educational share on the failures of two financial institutions in the U.S. Indeed, the U.S. financial crisis has started a technical recession in the U.S.

Reference the FED, the POTUS and Congress involvement, I found no evidence of Government interference or involvement, except for sudden interest rate hikes. The FED increases interest rates to curb inflation; this is technical and apolitical, it appears.
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MAJ Dale E. Wilson, Ph.D.
MAJ Dale E. Wilson, Ph.D.
1 y
Exactly so.
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CPT Gurinder (Gene) Rana
CPT Gurinder (Gene) Rana
1 y
MAJ Dale E. Wilson, Ph.D., to play the blame game and finger pointing exercise is simple, yet only self-satisfying, I learn. We, as military leaders, must be honest, knowledgeable, selfless and straight always, so this blame game doesn't fit into our scheme of things, just like an "I" in TEAM or a square peg in a round hole.

Recently, one of our Veteran colleagues suggested that former President Obama was responsible for the murder of Ambassador Stevens and three others in Bengazi. We all recall the Arab Spring in which two leaders of the Arab World were removed in North Africa and one was killed; Colonel Gaddafi was killed in 2011 and a terror group Ansar al-Sharia (AAS) that was led by Abu Khalid al-Zahawi and which was affiliated with al-Qaeda issued a referendum that U.S and all western influence in Libya were unwelcome visitors. Under his orders, the American Embassy in Bengazi was attacked and four Americans were killed, to include Ambassador Stevens. How did Obama become responsible for the death of Stevens? I fail to digest it.
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