If the US economy tanks then so will Canada's and Mexico's due to our deep integration with them. If business thinks that having the dollars at par hurst exports, wait until the US dollar drops to 1/10th or perhaps 1/100th of its current market price.
Of course the Iranians built the Bourse on Kish island - isolated from the mainland and less densely populated (lots of tourist resorts). I believe they are expecting the bourse to be bombed by the USA. If it is, that may delay the crash some. Other countries have been looking at opening their own (Euro) bourses - Such as Norway for its North Sea oil
http://www.energybulletin.net/13081.html
With or without the Iranian bourse, the hegemony of the US dollar is near its end. I'll be glad to see the US's drive to dominate the world ended but I fear the price we in North America will have to pay to end it.
Note: http://www.vivelecanada...
http://www.energybullet...
