Monday 9 January 2012

What’s Really Going on in The Straits of Hormuz.


A New Reserve Currency to Challenge the Dollar?

What’s Really Going on in The Straits of Hormuz.

By David Malone

The stand off is as much with China and its allies as it is specifically with Iran.
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Economist John Williams of Shadowstats.com says the government reported more than 40,000 jobs that didn’t exist. If unemployment was calculated the way BLS did it in 1994 and earlier, it would be 22.4% according to Williams.