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Led By the Dollar, Fiat Currencies Will Continue To Approach Zero

In the last 10000 years, ordinary wood, iron, or copper never lost their value either. Therefore, hold wood, iron and copper and play world financial market by currency backed by these natural substances. ha ha ...

The current peril is of adjustment in currency, goods and services produced and consumed with traders playing a role of hype [fear or good time]. Though, the US economy size is about 50% of the total global economy, never over estimate the economy of China, India, and many other touted countries; because they are driven by the US and do have a very small, almost insignificant internal yesteryear economy. It is more noise by traders of shift etc but a shift will bring even more destablization then stability either be it Euro or Yen or Russian Rubble.
The sub-prime woes and pain are wide spread including economies in Euro.