" the world must consider building a financial order no longer dependent on the United States"

http://www.reuters.com/article/usDollarRpt/idUSPEK2402720080917


UPDATE 1-China paper urges new currency order after "tsunami"


Threatened by a "financial tsunami," the world must consider building a financial order no longer dependent on the United States, a leading Chinese state newspaper said on Wednesday.

The commentary in the overseas edition of the People's Daily said the collapse of Lehman Brothers Holdings Inc "may augur an even larger impending global 'financial tsunami'."

-snip-

"The eruption of the U.S. sub-prime crisis has exposed massive loopholes in the United States' financial oversight and supervision," writes the commentator, Shi Jianxun.

"The world urgently needs to create a diversified currency and financial system and fair and just financial order that is not dependent on the United States."

-snip-

With China also worried about excessive real estate investment and speculation, the U.S. troubles "serve as a particular warning for our country's macro-economic policies and micro investment decisions," Luo wrote.
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We're no longer allowed to play with the Big Kids because of you. Asshole.

the last couple weeks are just the pit orchestra warming up.

And other non-perishable food stuffs... I kid you not. I thought about getting all my cash out of the bank, but it probably won't be worth anything when all this goes down anyway.

I'd like to cram my computer up the collective asses of those who called me a conspiracy theorist when I suggested such a thing.

Bush needs to have the book thrown at him... and his crony pals too. Fuckers knew this was coming. Hell, if I knew, they must have known. I'm so pissed I feel like spitting little angry fireballs!

Sorry, rest of the world. You're all screwed now.

We were a nice country while we lasted.