The USD is toast.

The dollar is drastically overvalued for two big reasons.

1) China must buy as many dollar-denominated assets as the market requires to keep its mercantalism underway.

2) The "full faith and credit of the US government" still counts to markets as risk-free money, and there's not much else perceived to be.

Both of these will give way.

The US is toast

A man and his wife are driving down a mountain road. The brakes start to fail. Rather than fix the brakes, they argue about how.

We all know what happens to this couple.