The election of Barack Obama does not change America’s fundamental economic flaws, says Bill Bonner. The slump caused by too much debt will continue. And a US dollar crash caused by reckless money printing is still just around the corner.

The dollar is worth about four cents since the Federal Reserve took the helm in 1913. That has not destroyed it. Both Americans and foreigners have clamored after it in all the recent decades. What will do it in and what is coming our way next?