Originally Posted by JohnnyReb
There will be no callopse of the financial system until those that hold dollers view them as worthless. The biggest danger is losing the status as the worlds reserve currency.
It's crazy to think, but... as bad off as the US dollar is, every other currency is worse.
I'm sure that one day the US dollar will lose its status as the world's reserve currency, but it won't happen anytime soon.