World At Peace

I'd rather be dominated by the US than China, a communist regime or a democratic country. It's a no brainer really unless you are a socialist.

Here's my vision of a world capable of relative peace:

1. US => Dollar hegemony diminishes from present 65% of world's foreign exchange reserves (FER) down to 45%, which would diminsh down US government's ability to print money to finance Pentagon. US is the world's largest net energy importer at 12,220 barrels per day, and largest debtor nation at $8,945 trillion in debt financed thru treasury securities.

2. EU => Euro hegemony rises from present 25% of world's FER's to 45%, which would allow the EU to print money to grow in power and member states, more unified than present.

3. Russia => The world's 2nd largest net energy exporter has been intimidating the ex-Soviet Republics into it's sphere of influence, many of whom are energy rich - only this once it is capitalist to compete with the US and the EU.

4. China => With $407 billion invested into the US treasuries, $1.2 trillion in deposits in the Chinese banks, $1.2 trillion in China's FER, and an economic growth rate at over 10%, China needs to invest more into very high tech weapons.

5. Brazil => Already a regional power, Brazil needs to lead a south American economic and political union. US opposes Venezuela in doing so, but may not openly oppose Brazil.

6. India => Also, a nuclear and regional power with economic growth rate at over 9%.

7. Iran => World's 4th largest net energy exporter is also a regional power, but most adept of any of the above due to Iraq war. It's challenging the dollar hegemony by running an oil bourse in euro since March 2006, striking at the very source of power behind Pentagon.

See, I'm not anti-US. I'm only pro democracy. Absolute power has suited none. It's corrupting, abusive, and a threat to the world and American citizens (commoners or commons). How nice does Pope sounds today. In Church's days in power, they burned people alive.