Our deficit and our debt are at record levels, even compared to WWII. Then, the debt was financed internally, not by other countries, so the interest we could pay was lower and the money was recycled in the U.S. Now, the debt and deficit are mostly financed by other countries through bond offerings and the like. And as they grow, those debtor countries will want higher interest rates on repayments, which drains money out of the U.S. [more inside]
posted by CollectiveMind on Oct 5, 2009 - 4 answers

Where should I keep my money (to protect it from the US economy)? I'm American and it's in US$, but I don't live there and don't have any good reason to keep it there. [more inside]
posted by xanthippe on Oct 7, 2008 - 10 answers

Short-term investments question: In your opinion, what stable foreign currency should I invest my money? [more inside]
posted by goldism on Apr 18, 2008 - 11 answers

Help me understand U.S. dollar-denominated foreign securities. [more inside]
posted by ikkyu2 on Sep 3, 2006 - 12 answers

Suppose an American citizen living in America wanted to invest 10k - 50k of US dollars in Euros. What would be the easiest way of going about making this investment? [more inside]
posted by pwb503 on Oct 1, 2005 - 9 answers