http://dangerousintersection.org/2008/06/01/how-bad-is-the-financial-condition-of-the-united-states/ Human Animals at the Crossroads of Culture, Science, Religion and Media Tue, 02 Dec 2008 00:44:30 +0000 http://wordpress.org/?v=2.6.3 http://dangerousintersection.org/2008/06/01/how-bad-is-the-financial-condition-of-the-united-states/#comment-18978 grumpypilgrim Mon, 02 Jun 2008 23:57:13 +0000 http://dangerousintersection.org/?p=2696#comment-18978 A major reason why the U.S. dollar has plummeted in value is because of the huge debt burden facing Americans. As the debt burden goes up, America's credit rating goes down (just as it does for individuals), and the primary measure of America's credit rating is the value of the U.S. dollar. A major reason why the U.S. dollar has plummeted in value is because of the huge debt burden facing Americans. As the debt burden goes up, America’s credit rating goes down (just as it does for individuals), and the primary measure of America’s credit rating is the value of the U.S. dollar.

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