The dollar will recover it's poise in due course, the USA's real economy is still quite strong.
The dollar as currently constituted is finished.
The crash coming will be as dramatic as that at the end of the Japanese bubble and there is still a long way to fall. The difference will be that there will be stagflation in the US, not chronic deflation as in Japan.
The underlying US economy is potentially strong, for sure, but where will the money come from to mobilise it? The one thing I do know is, it won't be in dollars as we know them.
The US economy is still growing faster than the EU - and current currency movements will only exacerbate that divergence unless the EU reduces interest rates sufficiently to halt any further appreciation of the Euro. notes from no w here
