Well, at http://www.wnd.com/news/article.asp?ARTICLE_ID=53587 there is an article about how the dollar will continue to fall in value and, since Iran has gotten acceptance of payment for oil in Euros, there could be more trouble.
Iran's decision to hold only Euros may prompt a U.S. decision to launch a pre-emptive attack, Chapman speculated, with the public argument being Iran's pursuit of nuclear weapons in defiance of the U.N. Security Council.
"Saddam Hussein signed his death warrant," Chapman argued, "when he got the U.N. to agree that he could hold his oil-for-food reserves in euros. Ahmadinejad appears determined to go down the same path."
This has been said for a while.Â We haven't yet invaded Iran, that I'm aware of.Â We did just execute Saddam Hussein. Â
Most of the article focuses on the relative fall in value of the dollar. Â
I don't think the US economy is headed toward the next depression. Â Â Â