> in article 41a29357$0$24335$a8266bb1@news.titannews.com, Ian Smith at
> ianinhoose@btinternet.naespam.com wrote on 11/23/04 10:47 AM:

>>   The entire world (the other 94%) doesn't have to use dollars, and
>> it certainly wouldn't be the end if the dollar collapsed. The people
>> of America should realise this. However, I'm not anti-American, and I
>> continue to buy their products/services. They have achieved much, and
>> many can learn from them. It doesn't make them perfect, though. The
>> question is, can they/are they willing to learn from the rest of the
>> world?

As I said.  Many countries currencies are Pegged to the dollar.  That means 
for every point the dollar goes up or down, that countries currency goes up 
or down automatically by the ratio they pegged thier currency at.

If you don't think a depression in the US will lead to a depression 
everywhere else.  Read more history.

The US is a significant percentage of the World Economy.  Other countries 
with large Economies, Such as Japan have a significant amount of their 
economy invested in the US.  Hurting the US hurts these countries.  Ruining 
the US economy won't be be the end of the world.  But then again.  Neither 
is drinking from the toilet.  You just won't feel very good afterward.

Rykk