Nice post.
But, for an investor, there is opportunity, and risk here. I agree wtih you, the dollar is no doubt grossly undervalued. In 94 this same thing happened and foreign markets got hammered, and the US stock market, bond market, and currency began a long rally.
Funny, at FR I never see people question the why of the USD being low. I think it is econ warfare by other countries against us, as well as speculators playing games, some of them with massive war chests like soros and buffet who are both admittedly short the USD and long the euro, oil, etc...
That's long term thinking on their part and the timing will be perfect for a Republican administration following hers.