>Do not the decline of the dollar vs. the euro, the bearish stock market
>and the low interest rates make the US less attractive for foreign
>investments?
Yes, but a higher euro will be very tough on the EU. Things could get ugly all around.
> And if foreign investment substantisally falls, the US
>economy is likley to enter a tailspin, no?
>
>PS. Just came back from Europe. One observation is that one can see
>that Western European countries are wealthy with one's own eyes - while
>in the US one has to read about that in a paper - for the unsightly
>urban landscapes of Baltimore and other major US cities create an
>impression of the third world rather than the world superpower.
>Methinks Europe is doing great (measaued by their material product) and
>have a room to expand, whereas the US has only one way - down. Aftar
>all, what does the US produce other than printing greenbacks for the
>world trade?
Cruise missiles!