Quote Originally Posted by Fabius Maximus View Post
The fall of the US dollar, as your read this breaking through long-term lows, is potentially a historical event -- the end of the post-WWII global financial order. None can say how it will play out, or what lies on the other side.
A little bit of hyperbole. The post-WWII global financial order based on Bretton Woods was ended back in 1972. The question is whether the implicit "Bretton Woods II" that emerged over the past decade will remain in effect or disintegrate. The fall of the US dollar is a market reaction to the global imbalances that have been created by the lack of saving in the US, and it is not a bad thing. It is better to see the correction take place in the form of bits and pieces as opposed to a sudden change.