The Dollar is alive and well. I totally concur such reasoning

Washington Post, June 30, 2009 page A12:

Marc Chandler, Chief of currency strategy at the Global Investment Bank Brown Brothers Harriman wrote:

"There is no evidence that central banks have diversified away from the dollar. In the second half of last year, as the financial crisis became acute, China increased its Treasury holdings by more than a third; it continued to amass US currency through the first quarter of this year." Here is concrete evidence of Sino-American Economics with friendship and partnership in globalization. President Hu will attend G-8 meeting in Europe in early July.

"Russia, Brazil and India also have been consistent buyers of US Treasury notes" I would stress the global context of cooperation and collaboration to solve global financial crisis.

Those nations are determined to accumulate financial reserves, and there is no clear alternative to the depth and breadth of the US Treasury market.

I do share such rationale to the fullest extent. Stay good-humored and hold on US Dollars as international currency for a long while. That remains to be seen.

Economics of Human Capital of Health for USA and China as well:

Page A10:

The most nutrient-rich foods that were also wallet-friendly included eggs, milk, beans, lean ground beef, potatoes and soup. They are staples of our diets. However,Chinese folks eat porks a lot as I know well. We must eat more fruits such as berries and pomegranate for good health. Nobody would impugn.

E. Coli confirmed in Nestle samples: Cookie dough ingredient may be source. Published on page A4. Be aware such news for our course of action.

Comics on page C9: "PICKLES" - A bit of humor for longevity:

"The 4 responsibilies of the man of the house: Four P's:

Preside, Provide, Protect and Put out the trash with a lid on it!"

I would add another P. To wit:

Pursuit of knowledge and wisdom as a lifelong student to learn happenings and do the bloggings for fun. The goal is to strive to be a centenarian with daily laughter plus upbeat.

Francis Shieh a.k.a. Xie Shihao on the last day of June i.e. June 30th at 9.52 a.m.

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