1) Defficit- Obama's administration has "ballooned" state deficit much more than Angela and her German (sorry, EU) team over last 5 years
2) Greenback is losing more and more it's world reserve currency status, giving a way to Russian and Chinese currencies, while Euro only threat is the integrity of Eurozone
3) Military presence in different "sensitive" regions by US army is expensive, more expensive than EU spending as share of NATO
4) EU makes some soft efforts to reduce "government", while USA, previously known for its freedom, entrepreneurship and cando attitude, get more and more into "controlling" and "governing" state, with share of government spending increasing year in, year out...
List can go on, but can someone tell me, what is it that market sees that I do not?