The fall of the dollar may well reshape the world economic landscape. Those who see only one future with a powerful dollar may be surprised when the world’s appetite for our economy wanes. Morici advocates strong regulation of the banking system – he also suggests that the language of economics deepens the chaos --, as in booking profits that don’t exist except in metaphor. You need to read this interview  (Peter Morici: Behind the Dollar’s Dog Days) with Maria Bartiromo and then start doing your own research, and your own reflection, on what a world with a weaker dollar may look, or how we avoid such a future. Both are still possible, but the time to act is growing short.

Peter Morici from BusinessWeek article

To manage risk, we need to recognize it first.