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As to the original topic, I think this is a temporary problem.
I am not citing any evidence, as I have none, it is just a feeling.
Before the Euro came around, the dollar was powerful because it really didn't have any competition. Also, with some of the chaos in the world, many felt that the dollar was the only stable, long-term monetary form (i.e. why we no longer use gold/silver to back the dollar).
Now, with the Euro, the dollar has competition.
However, I think the dollar has an advantage over the Euro in that the dollar only relies on one economy, while the Euro relies on many vastly different economies.
Some of the news we are hearing out of Germany (i.e. unemployment) could ultimately have a long-term negative effect on the Euro and give some of the value back to the dollar. People outside of Germany, that are effected by the drop of the Euro created by problems in Germany, can't do anything about it.
I have no idea of the time-frame, but I really think the dollar will win back its place in prominance. I don't think a single form of currency can hold value successfully when it is based on multple countries with mulitple economies and no way for one hand to control what the other is doing.
Like I said, just a thought.
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Before you criticize someone, you need to walk a mile in their shoes. That way, if they get angry at you.......you're a mile away.......and they're barefoot.
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