Friday, January 25, 2008

Terminus Imperium Americanus

Orsa Templum Imperium...

Robert Kagan famously said that America hails from Mars and Europe from Venus, but in reality, Europe is more like Mercury — carrying a big wallet. The E.U.’s market is the world’s largest, European technologies more and more set the global standard and European countries give the most development assistance. And if America and China fight, the world’s money will be safely invested in European banks. Many Americans scoffed at the introduction of the euro, claiming it was an overreach that would bring the collapse of the European project. Yet today, Persian Gulf oil exporters are diversifying their currency holdings into euros, and President Mahmoud Ahmadinejad of Iran has proposed that OPEC no longer price its oil in “worthless” dollars. President Hugo Chávez of Venezuela went on to suggest euros. It doesn’t help that Congress revealed its true protectionist colors by essentially blocking the Dubai ports deal in 2006. With London taking over (again) as the world’s financial capital for stock listing, it’s no surprise that China’s new state investment fund intends to locate its main Western offices there instead of New York. Meanwhile, America’s share of global exchange reserves has dropped to 65 percent. Gisele Bündchen demands to be paid in euros, while Jay-Z drowns in 500 euro notes in a recent video. American soft power seems on the wane even at home.


  1. In the last 5 years the $ has dropped from around 40Czech Koruna to 19 now. The £ has dropped from 50 to 37, and now there's also a price for the Scottish £ [ Scotland has 3 issuing banks] at 35. The Euro about 33 now its 26.
    i've spoken to a couple of US Cits who live here and they offloaded their dollars. Some think the dollar will never be at a better price so they're buying it up for selling later. When the troops pull out or transform into Peace-darlings
    Nevertheless only 15 of the EU countries have it , everyone imagines that they'll probably lose in the changeover. At present they're trying to marry up the Standard of Living across Europe, at least in the city-states. I can go 50 km and pay half as much for everything, or go to Slovakia for a cheaper car, Hungary for some Tokay, its strange like that, the whole place is a mad supermarket.
    mind u the low dollars great for your exporters, I guess their the main lobbyists, buy America dirt cheap from their foreign-based companies.
    Cheers for the Demi Moore thing, great to know that entirely different sites are synching .
    All the best

  2. Hi Chris I am so glad to come across your work. While I have been working in Dubai in past year I have noticed these things. Send me an email and I can send u all the info I have collected, you are right. Abu Dhabi is to be the capital of the world. I am a Project Co-ordinator my role is researching projects and Im fascinated with the Architecture. I am very excited to show you something mind blowing. My emails is Have u been to Dubai. There are so many sinister things I can tell you. ITs just not right here.