What should we do? It's dangerous.?
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American GDP of is something around $10 trillion, of which just 1
percent represents agriculture, and just 24 percent represents
industry. Therefore, 75 percent of the American GDP is service and
most of this is financial speculation. For those who understand
economics, and it appears that the American Secretary of the
Treasury, Paul O'Neil, doesn't or doesn't see it, it's enough to say
that the USA acts like a huge "dot-com," and dollars, strictly
speaking, are its shares.
Al-Jazeera: Can you explain that?
Al-Asuquf: The value of a company's shares is directly proportional
to the profitability of the enterprise. When a business is just a
service provider and doesn't produce any durable goods, the value of
its shares depends on its credibility. Which is to say that if the
credibility of the USA were shaken, its shares (the dollar) would
fall with incredible rapidity and the entire American economy would
begin to collapse.
Al-Jazeera: How can you be so sure of this?
Al-Asuquf: On a smaller scale, it's exactly what large financial
groups do to the countries of the third world to reap profits in one
month that Swiss banks couldn't get in four or five years.
Al-Jazeera: So how will Al Queda shock the American economy to this
point?
Al-Asuquf: By provoking a deficit of between $50 and $70 trillion
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