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Subject:  Re: “The End of Dollar Hegemony” Date:  2/20/2006  9:17 PM
Author:  imdajunkman Number:  15479 of 36318


My guess is that the "invincibility" of the US dollar is about the same that that of the former Soviet Union. The current preception is that the dollar has strength, just as the USSR was once considered formidable.

But perceptions change, which is often a more important factor that the underlying fundamentals of a situation. And the tiny cracks that forming (as oil becomes priced in Euros) might be enough to topple the wall.

Time will tell. Meanwhile, it will be interesting to watch the skirmishing.

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