Consider_this

Another Strategy Bites the Dust

Another way of saying the same thing.

If you owe a billion to the world's economy, you have a problem.

If you owe a few trillion (or hundreds of trillion in this case) to the world's economy, they have a problem.

USA is looking bright simply because it screwed up others.

Twisted? Yes, will they accept a second (future) reaming? This part is what're waiting to see what world govt decides.

Another Strategy Bites the Dust

This is caused by a need for dollar to pay debts as the primary effect.

Secondary reasons for the dollar's climb is that there's no good replacement for dollar as world's trusted storage and common trading currency. What's the world's factories, oil fields, etc going to use after selling? With less buying by the American Consumer, the world's supply of dollar is drying up, and thus reflected by the climb in value.

I would hesitate to assume that this will last though. There's talk about rewriting Bretton Woods 2. There's discussion that perhaps a basket of currency will be used instead. If a suitable solution is found, and If dollar is no longer the world's currency, then USD will drop faster than it has risen so far.