The Dollar is way too big to fail.
More than anywhere on earth the US is still seen as a safe haven and that means the dollar i,s too.
Since currency is valued relatively, I think the dollar will continue on as a storehouse of value. Gold is a play, but the goldbugs (I am not using it as an insult, just a description) are usually wrong. That said, I am not endorsing fiat currency as the best store of value.
I give it until 2012.
Is that sarcasm or do you really feel that way?
Seriously? I would love to know if I’m freaking out for nothing. I hope that all these doom and gloom predictions are wrong. I sit and go the motions and think “is life going to be the same next year at this time?” and then I wonder if the people in the 1920’s ever really believed they would lose millions. Not all did, but a lot.