By Victor Cattermole
Asia Pacific Bureau Chief
The global economy is crashing and it all appears to come back to the US market. When things go pear shape we always want to have something to blame it on, that way we can justify the position we find ourselves in. This month in a tongue in cheek look at the global situation my sense of humor can’t help but challenge the establishment.
Arguably if we look back on the state of events the order could look something like this.
· Mid 2006 USA accuses North Korea of printing the Super Dollar (fake US currency)
· Early 2007 US Treasury orders companies and financial institutions to cut ties with Banco Delta Asia, alleging ties with North Korean Government and being used for money laundering.
· North Korea and US throw stones at each other like a couple of little kids over who is allowed to have nuke toys.
· US subprime mortgage market implodes.
· October 2008 global share markets crash.
The bottom line is the US didn’t like the fact that North Korea had nuke toys that may be better than their nuke toys. So in a little tantrum the US said “we aren’t going to let you print our cash any longer” so they stopped the North Koreans printing the fake currency. The end result was not enough fake US dollars in the system and the whole economy imploded on itself.
Sometimes we can’t see the real value of relationships until they are gone. Here were all those poor North Korean people slaving their hearts out printing US dollars to support the American economy but the pride of that big nuclear toy was too important to see the bigger picture.
I say lets the get North Korean printing presses going again so the whole fake financial world can get back on its feet. It’s time to patch up that relationship clearly the whole global market needs it.
Posted to THE NATIONAL NETWORKER. To subscribe for your free newletter, go to www.TheNationalNetworker.com. For the complete National Networker Relationship Capital Toolkit and a free RSS feed, go to: http://thenationalnetworkerweblog.blogspot.com.
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