The U.S. has lost 7.2 million jobs since the recession began in December 2007, including a 263,000 drop in September payrolls.

This is not an encouraging sign for the U.S. dollar especially given the record high debt levels which only continue to rise, month by month. Will it reverse any time soon? What happens to all those homeowners on the edge when interest rates start to rise? Certainly not a very optimistic scenario!