[MonteQuest]

Talk about a bubble that is ready to pop! Here is a concise analysis of the weeks and months ahead for our new emperor.

Political capital, the President clearly has in abundance. It’s the economic capital, or the comparative lack of it, which may still prove his undoing if those pesky, uncooperative foreigners don’t play along. They are not going to provide a blank cheque forever, notwithstanding the mandate granted to him last Tuesday. The real campaign to retain their support – arguably an even greater challenge than the 2004 election – begins now. Good luck, Mr President.

http://www.prudentbear.com/internationalperspective.asp

[Jack]

Sounds as if you have a point. The trends of the dollar, gold, and the deficit (both trade and budgetary) support your position.