World economy to shrink by 1.3%.your comments/
These countries cannot devalue their currencies any further to peg themselves to a worthless currency called the \'dollar\'.
WE ARE NOT GIVING THESE COUNTRIES ANYTHING BUT WORTHLESS PAPER I.O.U.s.
This British Global Financial System of worthless derivatives and credit-default swaps denominated in \'dollars\' is DEAD, KAPUT, GONE, OVER, FINISHED!
Unless we re-structure the financial system in a global concert of bankruptcy protection and go back to a Sovereign Nation-State System of treaties for fixed-exchange rates in currency,
WE WILL DIE!!