Why is the american dollar weak in the world financial market?

Question

what do you think

Answer 1

Investors are starting to take a hard look at the aggregate balance sheets of the U.S.A.

Government, corporate and consumer debt are so massive as to show beginning signs of bankruptcy.

Meaning at what threshold is it no longer feasible to try to repay the debt without just inflating it way into oblivion?

Answer 2

This is president George Bush's grand economic policy. It's no accident; the idea is that if the dollar is weak, exported goods from America will be cheap and other countries will be more likely to buy from us, thus boosting the economy. This is actually a somewhat legitimate idea, look at how well it's worked for Mexico over the last few decades!

*curses to Bush's idiot policy.* Even if it worked, it pins down Americans here, because now only the richest can afford foreign travel. It is in contrast to Clinton's strong dollar policy that ACTUALLY WORKED. This is seriously as stupid as Reagan's "trickle-down economics."

Answer 3

Defeat of republican in senate weakened dollar.

It is reasonably expected that fund for Iraq war would not be easily approved and disbursed as democrat not like US force involvement in the Iraq war. This economical negative prediction is one of the reasons to minimizing dollar.