Jan Rogozinski

5 Reasons Why the U.S. Dollar Will Weaken Further

In your list of causes of the dollar's decline, you missed the fact that Bush literally has doubled the government's deficit. Through his stupid continuing war on the Iraqi people (the enemy government surrendered many years ago) and his tax cuts for the very rich.

Bush's deficits contribute to the dollar's decline through simple supply and demand economics. How many more treasury bonds will China eat, how many can China eat?

Moreover, the weak dollar is in a vicious cycle. A foreigner in a foreign country (as apposed to the 20+ foreigners who illegally live in the USA would be a chump to buy US stocks and bonds with his own currency. (Buying physical assets as the foreign sovereign government investment funds do makes real sense, on the other hand).

McCain is proposing more wars and more tax cuts and thus even higher government deficits. If he wins, the dollar will go to 5 Euros and oil to $400 a barrel..