The inevitable collapse of the dollar

Filed under:
Money, Banking, The Fed, IMF
October 20, 2007 - 09:44

Explanation why the dollar will collapse soon



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...

http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balanc...