>I don't believe all this is just because of housing/credit crunch. When dollar is constantly loosing value over long period of time, then converting/moving funds from USD to something else (euro) and some place else (Switzerland) seem like natural move for those heavy rich. It simply preserves their money as substance.
>Question is what will happen when China and others start converting their 'coupons' to something other then USD.
>There will be not enough euros left to withdraw from ATMs here in Europe <g>

I just heard that the real reason for going after president Hussein was his plan to abandon $ and switch to €... I know he wasn't that important and this wouldn't be more than a blip on the radar, but there's always the other cards and the whole house of them falling afterwards...