the sky is falling crowd will never go away.
best global economy in the history of the planet. period.
? just where do foreign funds go besides here all the time.
Foreigners have to buy U.S. debt to keep the Dollar propped up.
As the Dollar falls in spite of their efforts, Americans can then only afford fewer imports.
That’s what the Dollar falls against, after all...foreign currencies.
Your U.S. salary next week will still be the same whether the Dollar goes up or down 50%...but countries that export goods to the U.S. see wild swings in prices based on the Dollar’s value.
This puts a considerable dilemma on the heads of foreigners because while they *want* to flee the U.S. market, they are selling Dollars at an all-time low to buy their own currencies back right now.
They bought high.
They are selling low.
Cry me a river.