The Last Gasp of the Dollar?

We are all toast!

The Last Gasp of the Dollar?:

"05/07/06 'ICH' -- --'If one day the world's largest oil producers demanded euros for their barrels, 'it would be the financial equivalent of a nuclear strike.' Bill O'Grady, A.G. Edwards commodities analyst

"Everybody knows the real reason for American belligerence is not the Iranian nuclear program, but the decision to launch an oil bourse where oil will be traded in euros instead of US dollars.The oil market will break the dominance of the dollar and lead to a decline of global American hegemony."
Igor Panarin, Russian political scientist

Overnight the story of Iran's proposed oil bourse has slipped into the mainstream press exposing the real reasons behind Washington's ongoing hostility towards Tehran. Up to this point, analysts have brushed aside the importance of the upcoming oil-exchange as a Leftist-Internet conspiracy theory unworthy of further consideration. Now, the Associated Press has clarified the issue showing that an Iran oil bourse 'could lead central bankers around the world to convert some of their dollar reserves into euros, possibly causing a decline in the dollar's value. "