The Fall of the US Dollar

[UShaditComing]

The US current account deficit has existed since the early 1980s. It has an identical capital account surplus.

One reason for the capital account surplus is that US has offerred reliable and high rates of return on investment compared to other places. Foreigners like to invest in America.

The US dollar may have been overvalued in the past and it appears to have overshot in its decline. This may be a good thing. I don't know. On this question, my crystal ball is still foggy.

It makes little difference to me whether or not you want to admit that the US is in trouble. Many experts are stating it quite clearly now and we shall see. My hope is that it is because I want to see the US policy of war be changed. I have little confidence in that happening because I understand that it needs to win it's wars to get itself out of trouble. I fear that it's going to need to win a war with Venezuela too in the near future for Venezuela's oil. The setup is just beginging now for that one. Also Iran is by necessity on the hit list.

And btw, the Dems are not going to end your Iraq war. It's a great political ploy to work on the people at this time because the people don't understand either that winning is necessary because of oil concerns. The Dems will likely get a president but I don't have much confidence in them being able to hold in there for more than 4 years. They are campaigning on false pretences and that will piss off the people even more then they already are.

[bush_cheney2004]

And btw, the Dems are not going to end your Iraq war. It's a great political ploy to work on the people at this time because the people don't understand either that winning is necessary because of oil concerns....

Why would the Dems end it..they continued it with extreme prejudice from 1993-2001.