Declining Dollar

Kuwait stopped pegging its currency the dinar to the dollar. This is bad news for the US as more and more countries abandon the dollar it well adversely affect America.

Skeptics laughed when I told them that the war in the gulf would drain American strength and cause problems including higher prices for oil and an unstable world. The skeptics called me "doom", but my predictions are coming true like clockwork.

More and more countries a switching to the euro as a base currency. The world economy now looks to Europe for its anchor.

A declining dollar forces you to pay more for items and hurts our stock market. My prediction is that inflation will kick in as the dollar declines. You will pay more for things you now buy.

Some are suggesting a merger of Mexico & Canada & US into a country called the North American Union with a new currecny called the amero.