I also heard the Iranians were going to destroy the value of the dollar by pricing their massive oil exports in Euros. And China is going to dump all US securities. And the US is going to respond by getting rid of US currency in favor of a joint, multinational currency of the Americas. Oh, and Jerry “The Beaver” Mathers was killed in Vietnam.
This was discussed about 3 years ago. It was also believed at the time if the iranians did this it would be all over for them.