@Cynic
Zimbabwe- Yeah, gold was a life saver for some, If I lived there I would have been able to buy ACRESSSS!!! : )
You make valid points, but I want to throw something at you to consider. The dollar is the ONLY currency right now thats gaining as oppose to everything else. But there is a problem with that because a stronger dollar will make U.S. exports more expensive to foreign customers, and that could cut into the profits of many U.S. companies, which could harm or stop the recovery. The strong dollar could lead to price deflation, which could also harm the recovery.
While a strengthening dollar was not a big issue when U.S. exports were a small part of corporate earnings, now more than 40% of profits for Standard & Poor’s 500 firms come from overseas. So everyone is doing business and cutting deals, while America is looking at a 40% hit.
Japan was once in this same position.
"The strong yen makes Japan's products less competitive compared with rivals such as China and South Korea.
Worse, profits made abroad are worth less when they are brought back home."
http://www.bbc.com/news/business-14526293
I say the hell with Greece, Japan's the real thing to keep our eyes on. Especially being that they should have been crashed by now. Their savings rate have been negative starting in December 2014 ( How do you charge me to keep my money in YOUR BANK) and the Bank of japan has stepped in 143 times to save the stock market. Also currently they are spending 43% of tax revenue to fund interest on debt.
That's bananas.