How will future Chinese historians explain our current predicament? Ben Stein comments on the aggressive govt. response to the Great Credit Collapse and presents a troubling doomsday scenario in which U.S. economic output implodes, the dollar devalues, credit availability continues to shrink, sacred bankruptcy laws are ignored in the interest of political, union pandering (foretold by the Chrysler bankruptcy), unemployment remains stubbornly high, fiscal stimulus proves ineffectual, and the yuan replaces the dollar as the world’s “reserve currency.” Do you think history will mark 2007 as the end of America’s supremacy in the world? Enjoy Banking says no. BTW - Reserve Currency means a currency which is held by the most important governments and institutions as part of their foreign exchange holdings. It is also the currency used to price important globally traded products like oil and gold.