Mike Whitney: America's Economic Meltdown

Mike Whitney: America's Economic Meltdown: "However, as America�s debts continue to mushroom, the US produces fewer manufactured goods, and the oil-producing countries become more hostile to Bush�s belligerent foreign policy, there�s a real chance the dollar will be abandoned as the main unit of foreign exchange. If this happens, then the $3 trillion that is currently held in central banks overseas will flood the US triggering hyper-inflation and economic disaster."