if the government of kenya implemented a policy that decreased national saving, its real exchange rate would?

It may go as high as 5.5%.

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Do you agree with my timeline of usa progress? 1945-2000: the usa leads the global economy by overwhelming proportions (backed by international support( 2000: rightwing spokepeople in bush's cabinet endorse a policy of "throw the un building into the atlantic, destroy it!" ("un ambassadors worldwide respond "we can't conceive of a un without the united states!") 2000-2007: the usa still has been a top leader but with other countries catching up in asian markets and european union booming. 2003: the us defies nato and the un, and spends half a trillion on a war that seems unwinnable. 2004: (forget the real estate bubble, that's just funny money). 2007: us fiscal policy can no longer save us economy, even with record low interest rates. 2008: the usa market plunges in financial crisis and global markets go down with the usa (while the globe's last thread of trust in the us collapsing.) oil prices the first sign that the us is going down on its own. 2009 prediction: europe, asia, even canada, will reassess its foreign investments in an unrepairable us economy and increase investments in asian markets, japan, china, germany, uae 2010: us economy plateaus. sustained depression. rest of the world: slow recovery 2011: eu gdp surpasses the united states and unifies in celebration of this achievement. 2012: the effects really begin to take shape. consumer demands in asia surpass the us consumer demands. supply markets leave the united states. 2017: social security and medicare trustfunds begin to shrink as babyboomers collect benefits and fewer and fewer workers replace them. 2030: crude oil prices reach $5,000 per barrel, but telework is the way of the future. a new urban economy comes back to life (but short-lived euphoria). 2040: social security and medicare trust funds reach $0.00. by 2075: global warming reduces us agricultural produce by more than 80%. world's military spending potential exceeds us maximum budget. us federal debt borrowings reach maximum limits on world bank. 2085: the united states declares bankruptcy, but uses military to avoid physical takeover of land. 2090: the us collapses and becomes subsidiary of china, the most modern of all superpowers, under a policy of national socialism forged as communism, with an elite market-driven upper class in control. 2100: the us in exile surrenders. could this happen? but some things will not go down till 2090. one thing the usa has for a long time is 1) diversity of land and climate 2) plenty of harbors 3) fundamental education and literacy 4) a competitive edge on e-business 5) a superior military (this will hold for 50+ years but eventually not hold out at the very end) one irony i also forgot to mention, nuclear weapons will actually not be the weapon that destroys the usa in the end. the nature of a nuke in all cases now that nukes are in the hands of more than 1 country, is simply a self-defeating weapon. using it means it will be used against you. hence, it doesn't achieve the purpose of any single entity. nutcases who manage to get 1 can't easily replicate it without a factory, and no nation will settle for destruction of itself. in a worst case scenario, i predict between 0 and 2 nukes will be used in the entire 21st century. in an event such as this: 1) terrorist inadvertently gets hands on warhead 2) fires at usa 3) 50% chance us nukes back at country responsible 4) international community intervenes quickly, dispute resorts back to conventional arms.

****Wow - Talk about preparing for the worst! Let's continue to support our system and keep faith that our nation can learn from its mistakes and resolve these issues. The most recent occurances in politics have yet to show any realized results, and we should remain hopeful and responsive to the needs of our countrymen. Salute your flag, don't pee on it!