I have strong and well-founded fears for the future of the US dollar. Debt load here is way too high and with manufacturing and other non-professional high-paying jobs leaving the US, we could face a significant level of failure among financial institutions. Americans are stupid on the whole, and the moment that starts, there will be a run on the banks, forcing the government to suspend financial markets. There could be a period of major financial chaos in those 10-20 years.
|