For the first time since World War II the United States is not the world's #1 economy. We have slipped behind the European Union. (This, according to Erin Burnett on CNBC, Friday, March 14th.)
We offer online merchants a secure payment system with no fixed fees and zero start-up costs that will yield dramatically increased profit margins.
www.informationclearinghouse.info/article18787.htm, posted 2007 by peter in finance opinion usa usdollar
China holds over one trillion dollars, and Japan almost one trillion, in dollar-denominated assets.
Other countries have lesser but still substantial amounts. As the US dollar is the reserve currency, the entire world’s investment portfolio is over-wei