US $ is the reserve currency but this state of affairs, in historical terms, exists since yesterday. With a strong push from various parts of the world to price commodities, namely energy, in other coinage (Saddam’s real attempt at a WMD) this status may soon change. World’s strongest currencies have always been the ones backed by the strongest military. Since the States’ recent adventures revealed a few inadequacies, other candidates have been emboldened to challenge the current status of greenbuck. If successful, such turn of events would be detrimental to those of us who, by birthright or choice, reside in North America. It is one thing to see my net worth shrink by 20 percent due to monetary devaluation, another to leave my children to the tender mercies of a new world order in which Canada, a raw material exporter with a valiant but miniscule military, might be seen as a third rate colony. Marcus