Ha Ha Ha... Happens repeatedly. WHY?? Anyone challenging Dollar will face the same thing with same excuse..Iraq was bad intel,
Then why did US moved from Gold Backed Dollar which was 35dollars to an ounce of gold to a toilet paper which it is now and backed by resources of OPEC countries who are pushed to wall for selling crude oil in dollars only or we have are nuclear power henchman Israel which will whoop your A$$.That 'worthless toilet paper' happens to be stronger than their own currency.
Force developing countries to devalue their currencies and absorb US inflation making developing countries poorer. Making imports for US cheaper buying out human and natural resources for peanuts and imports for developing countries expensive due to lower purchasing power of developing nation currencies.
Tell me why Indian software engineer get 500to1000 dollars for the same job for which US engineer gets 15000to30000 dollars... WHY.
US imports everything from across the world (especially China, ASEAN and India) by just giving a piece of paper with a dollar foto printed on it. In fact for a iPhone manufactured in China, China earns just around 10 dollars for all the pain and labour while Apple makes around 1000dollars...
Tell US and other Western countries to move to Gold backed dollars then see what happens. Countries like China and India will dominate the world because of huge human resources and China will become bigger economy than US is right now and people in US and western countries will become poorer by the day...
