With a US economy importing so much, and a good reason to sell off treasures, as yield increases are broken by a collapse in US exchange rates, I fall to see how the 7% approx of US GDP will be inflated by a more competitive currency.
Us consumers make up a whopping 68%+ of the economic engine in the US. If they feel poorer. As they will with consumer goods prices increasing, I reckon the brakes will well and truly be applied to the US economy
