Who in their right mind would invest in America when Mugabe 2 is in charge? We do rely on foreign capital as does every other country.
The economy sucks and things are not getting any better. Obama wants them to get worse. A 50% drop from here is possible. Factor in the dollar slipping 10 to 20% more and you are pretty close to 90% plus add in possible inflation.
If you are in the market - consder ETFs for foreign markets or commodity based company ETFs which have gold, mining, energy, etc.
Anyone who thinks Schiff is a crank or short manipulator needs to compare our govt to any other western govt in the world. probably the worst leftist Islamo pandering govts in the western world are the USA and UK. The UK may go bankrupt before Christmas. I could name probably 20 countries with better govts than ours now.
Can you recommend some foreign-market ETFs? (Not the foreign currency ones - I have some of those.)