
Originally Posted by
bigt10
Part of the reason the dollar is so strong lately is all the deleveraging. Everyone is selling off assets from being so highly leveraged and needs to get dollars when they sell off all their assets. As a result the dollar has boomed and assets everywhere have fallen down incredibly.
For a country in trillions of debt ( the world's largest debtor), with no production, over consumption, and an economoy based on over 70 % consumer spending the fundamentals look ugly.