UPDATE ON THE BANKING CRISIS (PART3) [I Ve Got Something To Say]

THESE ARE SOME REMARKS GIVEN BY HENRY PAULSON FORMER SECRETARY OF THE TREASURY 2006 TO 09 ONE MUST REMEMBER THE US DOLLAR HAS GIVEN US AN EDGE AND A MONOPLY OVER EVERY OTHER NATION IN THE WORLD.AS THE PRIMARY GLOBAL CURRENCY IT MADE IT POSSIBLE FOR THE US TO PAY LOWER RATES ON ALL ASSETS IT ENABLED THE US TO RUN BIGGER DEFICITS,ENJOY REDUCED EXCHANGE RATES AND MAKE US MARKETS MORE LIQUID ,AND LASTLY IT FAVOURS US BANKS DUE TO ENHANCED ACCESS TO DOLLAR FUNDING,IT BEGS ONE TO ASK THE QUESTION HOW THE HELL DID WE EVER GET INTO THIS MESS.