The inevitable collapse of the dollar
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The current account deficit: http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance Summary: Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst. Also check out the 1-minute video which I'm responding to for a quick explanation
The inevitable collapse of the dollar Category: News
The inevitable collapse of the dollar Uploaded: September 14th, 2007 @ 1:27 pm
The inevitable collapse of the dollar Author: View GHoeberX's Other Uploaded Videos
The inevitable collapse of the dollar Length: 07:06
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Tags: us dollar collapse crash crisis recession economic economy currency euro financial market
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