gold heading for $800, page-33

I just had a thought, the only way the US can save the dollar and reduce the Govt Debt is by devaluing the dollar against other currencies and then actually manufacturing goods (ala China) which are cheap and competitive in the global economy again. Essentially becoming post war America.

They would then would start to pay off national debt and the dollar would strengthen in the long term.

Does anyone else see this as the way forward for the US?

Thats said the average US citizen would have to take a hit and actually get off their buts and produce "stuff" to sell overseas but given that the US national pastime is consuming I don't see it happening.