Re: Some scary stuff about the dollar
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People have ben talking about this in finance for the last 6 months. Dont think a collapse will happen, but the dollar is certisnly likely to go lower still. If you are american, it doesnt really matter much as long as most of your costs are in USD. The real issue is for people like me who make all their income in american dollars and all our expenses are in canadian dollars.
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When the dollar is very weak internationally, the best place to unload weak dollars is inside the US. This will cause a lot of foreign held USD to come back within the borders, which is going to cause massive inflation when the [censored] hits the fan. I refer you to the 1970s.
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