Originally Posted by
Joeshmoe
Yeah I'm not too sure the dollar will be dropped from the world currency stage. Thats a bit of a bold prediction.
Well, it won't be totally dropped. But I don't think it will always be the currency of choice for major international transactions. We'll see. But the weakness of the dollar and the shaky foundations of the US economy (massive personal and government debt, lack of a manufacturing base, etc.) raise serious questions about the long-term health of the US as a major player internationally.