Why Aren't More People

[pippin]

worried about the implications of the IMF's warning? This was posted in the breaking news section.

"The International Monetary Fund yesterday warned that the colossal United States trade deficit was a noose around the neck of the economy, emphasising
that the once mighty dollar could collapse at any moment.

Arguing that the world's big economies were already too dependent on the willingness of American consumers to live beyond their means, the IMF said the US could not continue to run a current account deficit of 5% of GDP. "

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=122386

Am I the only one who is feeling jittery about the fallout from the devaluation of the dollar? Are ordinary Americans going to be facing long-term poverty? Any financial types who can suggest a hedge for ordinary people?

[Fixated]

1. ....

I'm more worried that the IMF hasn't been burned to the fucking ground yet.

[jonnyblitz]

3. LOL

!!!!

[EagleEye]

2. Disturbing . . .

but too confusing to the average Joe.

[Booberdawg]

4. There is a thread in the Meeting Room that has been watching this

for several weeks

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=111&topic_id=5907