The US economy facing serious trouble does have a silver lining: for the first time after the end of World War 2, there is an objective potential to put an end to the dollar hegemony, the economic pillar of US imperialism. For everyone else besides hapless Americans, now may
[WS:] But the falling USD creates favorable condition for domestic producers of export goods, no? That means a realignment of forces rather than outright decline - Finanzkapital losing some of its influence in favor of the manufacturing sector. That is not necessarily a bad thing, and may create a movement toward the policies that Doug is talking about, no?
Wojtek