Mike the Usurper wrote:
]
] Yep, I oversimplified a bit and it's also a more than a little
] disjointed (it was late, what can I say), but I think you've
] hit the nail with the Perfect Storm comment. This is one more
] contributing factor. Whichever one is the final straw will be
] the one that gets blamed, but it's never quite as simple as
] that.
]
] The one that scares me is the petro-euro. If that happens,
] that would move the whole system away from the dollar making
] recovery much, much harder.

Wasn't one of the primary reasons that we invaded Iraq to scare the region into keeping the petro-dollar? Or was that just a conspiracy theory?

RE: Yahoo! News - Dollar Hits New Low, Gold at 16-Yr High