Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
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Thursday, September 18, 2008
Navy build up in Gulf
The number of US navy ships in the Gulf is at a five year high.
The US says they are there to protect Iraq, but Iran says it is all part of a military build up, which threatens the stability of the region.