in context of recent 'fiscal cliff' corpo-media-hysterics, Dr. Paul Craig Roberts thinks there is "an impending collapse of the exchange value," and that the U.S. dollar could unexpectedly plunge in buying power. "All of a sudden, people walk into Walmart, as usual, and they think they've walked into Neiman Marcus." No quick fixes to the bulging debt either, because "there's no way to close this deficit when corporations are moving the tax base off-shore."
Also noted of course, are the unfunded wars (unlike Social Security, Medicare etc. which are _funded_ programs).
Dr. Paul Craig Roberts: America is Going to Crash Big Time