1. Will the U.S. dollar strengthen or weaken in the next 2 years and relative to which currencies and why?
2. How likely are the risks of a crash of the U.S. dollar triggered by foreign investors reduced willingness to lend to the U.S. and accumulate U.S. assets?
3. Based on this analysis, are the U.S. current account and external debt sustainable? Does the U.S. differ or not from emerging markets or not and why?