The latest U.S. Treasury International Capital (TIC) report shows the January outflow of foreign private investments was $158 billion. Since June of 2007, there has been a massive flight of foreign capital from the United States, though the impact has been mitigated by a collapse in U.S. investments abroad.

Nonetheless, the exodus reveals increasing unease by foreign capital holders about the U.S.’s economic future, especially troubling at a time when the government needs to finance a $3 trillion budget. The outlook for the dollar is not so good.