Election America!

[j2k4]

How so?

Sorry, MN.

Got to thinking about all the permutations of being the #1 economy in the world, and why everything hinges on us, and how our vulnerabilities are, in a sense, our strengths, and totally lost track of what I was about.

Anyway, it's like that.

In short form, kind of a mutually-assured destruction scenario for anyone to call in the note, so to speak.

[JPaul]

That's why you shat a brick when various countries decided they might want to trade oil in euros.

Iraq I believe was one of them, oh and didn't Iran also talk about it.

[j2k4]

That's why you shat a brick when various countries decided they might want to trade oil in euros.

Iraq I believe was one of them, oh and didn't Iran also talk about it.

Did it happen?

Check and mate.

[JPaul]

No, you invaded or threatened the other countries who talked about doing it. In the playground that would be described as bullying. You must be so proud.

However, when Europe decides that, yes we will trade the Euro for oil, with the major producers, what do you have left to offer. The only thing you export which other countries need is the $US. Where will you be when they don't need it. A one commodity economy is a very dangerous way to go.

I'll give you "check", no problem. However "mate", I think not.

[j2k4]

My point stands.

[JPaul]

I'll give you check, but not checkmate.

That's the thing with the younger chessist. They see check as an end in itself and often fail to see the long game.

[j2k4]

I've gotten beyond chess as a metaphor for political machinations.

[Busyman™]

I found it quite funny that Steele and Ehrlich had "election guides" handed out in my area depicting themselves as Democrats with the backing of Kweisi Mfume and other black Democratic leaders.

They both lost. I guess folks weren't fooled.

[JPaul]

I've gotten beyond chess as a metaphor for political machinations.

Busy couple of days you had there then.

[Biggles]

How so?

Sorry, MN.

Got to thinking about all the permutations of being the #1 economy in the world, and why everything hinges on us, and how our vulnerabilities are, in a sense, our strengths, and totally lost track of what I was about.

Anyway, it's like that.

In short form, kind of a mutually-assured destruction scenario for anyone to call in the note, so to speak.

Yup if you are going to go down the deficit route it is best to do it big style - that way those owed have an interest in keeping the wheels on the cart.

However, that suggests a degree of intelligent intervention that I am not convinced the Bush administration actually had in arriving at this point. So it might be better to view it as merely fortutitous. That said the idea that the Chinese much less the EU are looking for the US stumble is a little wide of the mark imho. In our global village everybody is far too busy selling stuff to each other to worry overly about dogma.