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Comment except that (Score 0) 688

if the US said 'we cancel all your treasury securities' it would be effectively the US defaulting on a couple hundred billion dollars worth of debt. when you default on your debt, your 'credit rating' goes to crap and nobody wants your currency anymore. the middle east could move oil off the dollar if China wanted them to, think if China was a bigger customer than the US was, why wouldn't they just move oil to sell in Euros or RMB? secondly, what if they just decided to short the US dollar and liquidate their treasuries at the same time? why not?
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The Age of Speed 114

enactd writes "I feel life is a constant juggle, for every task in hand you have another to react to or let drop. The Age of Speed helps you chart your tasks to keep the important goals in sight while recognizing and reacting to distractions. Being a geek on the cutting edge of technology gets one acquainted with speed quickly, but being able to handle it is another matter and streamlining is an ongoing effort. The goal of the book is to help you decide what is important in your life and extract as much pleasure from those things while minimizing the time spent on the mundane." Keep reading for the rest of Chris's review.

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