RE:"...a perfect storm for the dollar." - MacLeodGeezer, I agree with most evrything you've said with te excetion of te $3.8T reduction in US debt. For that to happen, that $3.8T would have to repatriate back to the US and increase the domestic debt. I haven't seen this from my sources. Maybe you could help me locate a reliable source to support such a statement. Question: Have pension plans in the states picked up the debt? Help me understand. Cheers!