Wednesday, June 22, 2011

Comment by Kyi May Kaung, left on Asian Sentinel on "rising kyat"

As Dr. Sean Turnell pointed out, the $ is falling so the kyat "rises".

The $ is falling because of the USA's three trillion dollar and counting war expenditures - and that is only the middle figure of the estimate that Nobel economist Joseph Stiglitz and his co-writer Linda Bilmes made a few years ago.

See my review of Stiglitz and Bilmes' book The Three Trillion Dollar War.

http://www.fpif.org/articles/review_the_three_trillion_dollar_war


Kyi May Kaung

Monroe pics found at garage sale

http://articles.cnn.com/2011-05-28/entertainment/marilyn.monroe.mystery_1_unpublished-photos-garage-sale-negatives?_s=PM:SHOWBIZ

Burma news wrap--MAH in Kachin State-- 40 SAC killed, hostages kept etc, AAPP wins McBride Peace Award, Rangoon,Dawbon Dalan   ...