U.S. Dollar: Turbulence or Calm "Shared"

FNB economist Cees Bruggemans is positive about what the economy has in store for us next year...And gives: Five scenarios for 2007, one outcome "After the reality shock of the second quarter when rand and
global asset markets suddenly encountered selling pressure...# Markell Ltd-06; Current CurrencyAn interesting article on the US Dollar decline assessment:

The perils of a currency crash are not nearly as great as they were in the days of the dollar's absolute dominance 30 or 40 years ago. Globalization has led to the development of a number of growth centers in the world economy which share the burden of turbulence. Gone are the days when an American finance minister could boast: "The dollar is our currency, but it's your problem."

Article translated from the German by Christopher Sultan -A Spiegel article By Christian Reiermann asks:
How Dangerous is the Dollar Drop?The US currency's role as a lead currency isn't as important as it used to be, currency experts and the German government say.
Excerpt: "The Americans, for their part, welcomed foreign investment. For them, it was almost a tradition to save very little and spend more than they earned -- essentially achieving affluence on credit. Foreigners financed the Americans' almost obsessive consumer spending, which spurred worldwide economic growth for years." European info...Alex Serkov- 06; "Young Euro"-View Chart of: Value of Euro in Dollar terms
with German exports by region"The Future is in Futures" by Pearce Financial, LLC: Trade Alert: Short Euro currency
Long Swiss Franc Spread~~~~~~~~~~Other financial News:
Financial Times: NYSE vote approves Euronext deal" Rival efforts to create the first transatlantic exchange and industry champions in Europe and the US have also left regulators with a tough task in overseeing a rapidly-evolving sector."~~~~~~~~~~US stocks surge
"“What you’re seeing is window dressing, people want to finish up the year looking like they own the best names,” said Philip S. Dow." ~~~~~~~~~~Steve Verdon (outsidethebeltway) posts:
Good News In the Housing Market
Providing the latest info, an excellent link, and a caution.
Can the bull keep running? They are suggesting: "Invest abroad and diversify. Our experts think the resource boom can't last forever."~~~~~~~~~~ joscafe | basilsblog | ConservativeCat
womanhonorthyself (thanks for link!)