Author: GHoeberX
View: GHoeberX's videos
Duration: 7:6
Description: Euro/Dollar Rate:http://finance.yahoo.com/currency/convert?from=EUR&to=USD&amt=1&t=1yThe current account deficit:http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balanceSummary:Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst. Also check out the 1-minute video which I'm responding to for a quick explanation
Channel: News
Tags: collapse crash crisis currency dollar economic economy euro financial market recession us
Rating: 4.89 (1522 ratings) Views: 382732' favoriteCount='2769 Comments: 2776
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