Just Because You're Paranoid

Doesn't mean someone isn't out to get you.

There is a steady drumbeat of rumors about the weakening US dollar and secret meeting between Gulf Arabs, Chinese officials, Russians, and the French about delinking oil trading from the dollar.

The effect - higher interest rates for American banks. The trickle down - less credit for everything (houses, credit cards, student loans). It means, EVERYTHING will be more expensive for Americans.

There is a huge undercurrent around the world of anger and dissatisfaction with America. I'm not sure entirely why. Part is envy. Part is the natural comeuppance for a super power. Part is American arrogance and hubris. Part is a power grab.

Al Queda and the terrorist angle is the tip of the spear. There are many business folks in shady regions of the world licking their chops when American finances are in tatters. They want more power and less constraint and they fold their arms and smile slightly when they see our troops bogged down in Iraq and Afghanistan or the Dow Jones tanking.

And these folks know much of the world are sheep and when the momentum sways, lots will follow. Good times are not ahead.