Tuesday, October 14, 2008

Which foreign dependency is worse: Oil or Money

if Americans think they have it bad with their dependence on foreign oil, they haven't even started to realise how incredibly dependent they are to foreign money. Without China, Japan, Korea, the Arab oil states and Europeans, the USA would not even be capable of sustaining the incredible trade and budget deficit it is currently trying to control. So, if we compare, which of the two is worse? Oil or Money?

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