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Debt to foreigners now exceeds $6.5 trillion, and this flood of greenbacks abroad is driving down the dollar, heightening concerns about the solvency of U.S. financial institutions and pushing up the price of gold.
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Dwindling dollars heightened the pain of throwing out food rotting inside powerless refrigerators, and sharpened the question of where the next meal would come from.
"Sharp U.S. dollar weakness heightens investor risk aversion, resulting in a sell-down of risky assets such as equities and buying of risk-free assets such as U.S. government bonds".
There's greater patient activism, increased competition for research dollars and heightened political awareness that cancer is the public's top health concern.
Treasury prices climbed yesterday as the dollar's retreat heightened the chances of foreign central bank buying at this week's United States debt auction, and as the stock market's decline provided extra support.
The move, which followed an announcement on Friday of a shift towards a trade-weighted basis instead of exclusively tracking the US dollar, will also heighten concerns that China is prepared to intensify a currency war with rival regional economies in order to keep its huge export sector competitive.
In a seeming attempt to hark back to that earlier era of prosperity, Hugo Chávez, Venezuela's leftist president, first fixed the currency in 2005 and two years ago relaunched it with three fewer zeroes as the "strong bolívar", at 2.15 to the dollar.Heightening the sense of déjà vu, there will be a multiple exchange-rate, just as there was in the 1980s.
As risk concerns were heightened, the dollar rose on its weighted index against a range of currencies.
Competition for investment dollars, meanwhile, has heightened as the world's stock exchanges have joined forces to bolster their offerings and save on costs.
An estimated 700 Net companies are created each quarter, heightening the competition for VC dollars.
"To fail to do so now, when the demand for dollars is still strong, heightens the risk of a sharper adjustment later.
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