It has been my opinion that the fall of the US dollar is completely overdone especially Vs the Euro. The purchasing power parity between the 2 currencies is completely out of whack in my opinion, and Europe faces as many challenges if not more than the US down the road. As a percentage of GDP, the US debt (9 trillion dollars) is no larger than that of most Eurozone countries, Europe has many more costly social programs to keep funding in the future, it has generally lower growth hence lower tax revenues to pay for these programs, and European citizens are already maxed out on taxes (as high as 50% of gross income in some countries), so they can't even raise taxes to keep funding these programs. And let's not even talk about the shaky political underpinnings of the Euro as a currency. I am actually a bit hesitant to buy assets in Euros right now, because I believe that we could see the dollar snap back pretty hard sooner rather than later.