Winning… 14 April 2011Posted by marisacat in 2012 Re Election, DC Politics, Inconvenient Voice of the Voter, Total fucking lunatics, WAR!.
Gaza City, Gaza: A man watches from his window while a worker walks on a concrete slab at a construction site [Marco Longari/AFP/Getty Images]
Winning the future.
moiv’s cousin, who has been in SE Asia for a long time, previously in Saigon and now in Singapore, sent this email to her today (she gave me permission to post it):
Singapore dumped some of their holdings of US debt today in response to Ob’s incomprehensible “budget” rant yesterday.
They also fixed their SG$/US$ exchange rate for the 1st time. Singapore is about the size of Houston with twice the population.
But it’s extremely rich & very influential. They’ve been intermediary between China & DC on buying our worthless paper.
Next to Japan, they are our strongest Asian ally.
IOW: they’ve decided it’s time to cut their losses & bail out.
Japan has been holding out on dumping our debt, but that won’t last much longer. They need cash badly.
Yesterday I was out buying a network hub at the big Bangkok outlet mall & met this young Polish woman. We chatted a while. She’d just completed her degree in Australia & lamented that she’d already committed to a master’s program there.
the zloty buys a lot dollars these days. She regrets not applying in the US.
Remember the early 90s when Poles were close to eating newspapers because they couldn’t afford food?
I hope I get home before the crash. I’d hate to be stuck here dependent on my professional skills to make a living. I’d have to turn to prostitution.
Geesh. The ZLOTY! Think of it!!
Winning the Future!!