Well, phoney money for phoney properties, is an interesting vision, but unfortunately for the US gov and all it’s co-conspirators, people in the real world need real resources and real goods and services. And Russia and China (and even Brazil) are not very comfortable just sitting around while the US sucks away more and more of their economic resources for the sake of saving it’s own butt.

Eventually, they are going to tell the US to go to hell out of necissity, and when that happens it will push the reset button on the global economy and trigger political unstability across the globe which will likely lead to world war III as governments become desperate to distract from the problems at home while fighting tooth and nail for the limited amount of real resources.

So it seems after all the US is not the last country that will have to give its OK.

A French paper mentioned… it is the backwards move on “democracy” (Ioukos?) which leads to some American critic.

A consequence of the failure in this negotiation anyways seems to be that the WTO liberalization politic in general is being all the more questioned however.