There seems to be such a thing as the America disease and perhaps one should speculate whether American dollar would split up as California goes away from Texas the source of many of it's economic ills.
Such speculation makes one wonder whether the Americans eagerness to push dollars at us from all directions may require a rethink of international currencies such as the US dollar which seem to do more harm than good when used as a substitute for local currency. Crises are possibly lessened by diversification of borrowing and use of diversification foreign currencies for local currency substitutes. The problem is a lack of sophistication by banks and operators at street level.
This may change with technology for communicating currency value of a wider range of assets and liabilities. The trick is at the street level to diversify your currency portfolio.
So it was the breakup of the region locking onto the dollar or yen that we saw with the Asian and Argentinian crisis.
Is the Euro crisis not then in reality a dollar crisis?
Too many dollars used as local currency or as assets / deposits are at the root of our problems.
Will not time reveal the lasting importance of friends and mutual respect? Be kind to those who think well of you and those you know and try to add positive elements to your world. Promote peace in your heart and sunshine in the minds of those around you by your own good works. Elevate the level of discussion by thinking less of the issues and more of how you can reduce the tension of stress that arises with honest disagreement. Relax by breathing more deeply and consciously.
