U.S. economic mettle is tested as emboldened leaders from throughout the world gather in Washington. NEW YORK (CNNMoney.com) -- The role of the United States as the world's economic leader will be tested this weekend when 20 significant world leaders meet in Washington to address the global financial crisis.Some European leaders are hailing the summit as the next Bretton Woods - a reference to the historic talks in the latter days of WWII that, in effect, made the dollar the world's dominant currency and laid the foundation for the economic order of the past 60 years.The United States basically ran those meetings. Close to prevailing in the war, it was the world's undisputed military and economic leader. But today, with the current credit crisis partly rooted in America, and with the rising economic might of China and a unified Europe, that dominance is being challenged. cont: http://money.cnn.com/2008/11/14/news/economy/g20_powerplay/index.htm?postversion=2008111410
I don't know... I see most of the close-ups are of Sarkozy and the EU guys... Will this be the demise, the official nail in the coffin, for the American dollar as reserve currency?
And you wonder why ZERO wants gun control???
I actually don't (worry).Once someone passes a law prohibiting you from owing a gun... Watch out!
Obama is just the naive patsy the One World Govt types have been waiting for.
You lost me now...
These people are getting together to craft a whole new world order regarding monetary policy wherein the USA will have its currency devalued and other items tying our freedom and independence to the rest of the world and other non-accountable entities.Why do you think GWB came out yesterday and had to make a speech pleading with them not to give up capitilism? These Europeeons are getting together and are trying to get the rest of the world to form some type of European Union like entity as far as monetary policy goes.
