My favorite definition of empire is a country that can tax other countries. The US is an empire by this definition because debasing the reserve currency (US dollar) enables the US to take money from other countries. In this light, the news China and Japan will no longer use the US Dollar but trade directly in Yen and RNB is big news. No mention of it in the Republican Primaries or from Comrade Obama.
Wednesday, December 28, 2011
Tuesday, December 13, 2011
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