By this I mean that the article has some salient points, most important being if there was a shift to Euros (not even a full shift ....just a fraction of price movements in Euros) that the Dollar would be seriously hit, and the US economy would suffer detriment. Where the article becomes garbage is when it deviates and takes on the guise of conspiracy spiel. However, the fact still remains that there is some pressure for a lot of the nations to diversify their FX holdings and/or revenues to a much larger extent than they did in the past, and that there are some serious questions on the Dollar.
Another place the article softens is when it talks of the Dollar being replaced as the World's reserve currency. That will not happen, at least any time soon. What will happen is that another currency (most probably the Euro) will continue to ascend to be a major competitor as a secondary reserve currency. However a complete overthrow of the Greenback would only happen if the US was nuked to oblivion, or something of that nature, which totally turned everything topsy-turvy.
The other thing the article does is over-simplify things. A weak Dollar will not be all-bad ....it will be terrible for some sectors (e.g. those that deal with imports) of the US economy, but great for other sectors (particularly the sectors that deal with exporting American products). There are very few purely linear factors in economics, and nothing is as simple as the article makes it seem.
No need to bother with the nuke Iran conspiracies. That's tripe. (Although I do see wars in the future being fought over resources - though not necessarily oil, but oil is a major one)
4 things:
1. I agree with you
2. Other than in Nigeria there will never be a war that is overtly fought over oil. There will always be some “excuse” used - in fact I believe there have already been some examples
3. There will be wars specifically fought over water for which an excuse need not be given
4. Will someone please bomb Liechtenstein.
“...Garbage mixed with scattered iotas of truth.”
Nothing makes lies stronger than a few iotas of truth :)