[quote=kev374][quote=Jazzman]Currency risk is one the biggest investment risks you can take IMO.[/quote]

but isn’t remaining in the dollar a currency risk in and of itself?? The rupee has already fallen a huge amount in the past couple of years, but the dollar has still done somewhat ok but in the face of huge upcoming challenges facing the country (that everyone seems to summarily dismiss) how is the currency going to fare?

Our current debt is $17 trillion and rising, entitlement spending is set to rise due to an aging population, $1 trillion education bubble is set to pop, healthcare spending set to rise due to increased socialized healthcare, rising costs and a population getting sicker by the day as we focus on treatment rather than prevention… does not look good to me.[/quote]

If you check out India’s deficits and debts as percentage of GDP ( esp. after adding off-the-book subsidies, state deficits etc.) you will find that the picture is not terribly different over there either.