Good morning, With regard to USD, Faber is ignorant to call USD value is near zero if he ignores the comparative value of EURO is zero as well if he considers the real national debt of countries in the Europe.
Most of the Europe countries have higher debt than US; and, free capitalists destroyed US for their benefit. For survival purpose, US does not need spend as much as the country does, but, of course, from the beginning, because of wars, we have incurred national debt. Nevertheless, of our country is managed with normal fair intelligence without greedy capitalist agenda, we would not be in this mess.
As for South Korea, I have commented on a country can be unfairly benefited by unfair trade balances or a region can be benefited by capital rotations. The examples are S. Korea and China at the expense of USA consumption with trade imbalances. $NIKK vs $SSEC in 1990s for capital rotation.
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