US Dollar Worst Case Scenario
This video about a possible collapse of the US dollar is very well done. What I am interested in with your reactions would be a systematic documented analysis of why this could not happen. Facts, please, no opinions!
[url]http://www.youtube.com/watch?v=2N8gJSMoOJc[/url]
Billy
another couple for the reading list
Marc Chandler, who is a higher regarded contributor to Seeking Alpha wrote [URL="http://www.amazon.com/Making-Sense-Dollar-Dangerous-Bloomberg/dp/1576603210"]Making Sense of the Dollar[/URL]
For a take on the actual advantages of the American economy and it global position see George Friedman's [URL="http://www.amazon.com/Next-100-Years-Forecast-Century/dp/0767923057/ref=sr_1_1?s=books&ie=UTF8&qid=1307149267&sr=1-1"]The Next Hundred Years[/URL]
[URL="http://pragcap.com/resources/understanding-modern-monetary-system"]Cullen Roche [/URL]should be read by a lot of people. But to sum up his argument in the most simple language: it is absurd to compare the debt of a state like the USA with a family and its debt/credit.