OOOBAMA

Obama sees US$ strong, no single world currency

This headline from reuters stunned me for a second and made me burst into laughters. This is clearly an intellectual joke, I hope. He said that the dollar is extraordinarily strong. Yes, true indeed, despite its worthlessness.

As the days goes by after he got on office, the probability of him being a flop gets higher and higher. In fact, I think he actually is.

I believe he will be right when GDP rises again, with high inflation it will be.

Remember that in the elections, his speech was clearly for all the common people. But now, his actions are clearly for the ideals of being a global superpower and for the elites.

This clearly shows an agenda that he got to know after assuming presidency.

'by moving from an era of borrow and spend to one where we save and invest.' - Obama
Where are they going to get the savings? How many decades do they need to reduce their debts? Invest in financial instruments? Maybe America can teach China what are 'provisions for doubtful debts and bad debts'. God Bless America