Keep a closer look at the whole euro thing; it was designed to fail so that something else would either replace it or it gets fundamentally changed into something else.
To be sure, Obama is not playing things to the advantage of the dollar. Not to mention that the militaries of Russia and China are still growing while the USA’s military is not; and although the EU’s attempts at a unified military continue to be false starts, the potential for a ridiculously powerful one is still there if they suddenly unite them.
The whole Euro thing could just as easily fall apart as anything. The system is on very shaky ground.
I don’t see Europe being a stable system ever, and that is Biblical as well. The old Babalonian era vision of Daniel regarding the Man made of gold, silver, iron, and feet of clay and iron, depicts an Europe that will never cling to itself for an extended period of time.
As for Russia and China scaling up while we aren’t, I’d say it goes farther than that. We are scaling back rapidly, and folks don’t realize how drastically it has been done.
I don’t believe the dollar is ordained. It’s just that there’s nothing out there right now to challenge it.
If we got a good person in 2016, things will get better. If not we could drift further.
There will always be “ifs” one way or the other. Right now they are as much in our favor as not.
The dollar is doing well, and will continue to for the near future. That’s may take on it, always a sure fire way to curse the dollar to be sure. LOL