With the recent news from China's Cheng Siwei. Vice chairman of the Standing Committee of the National People's Congress indicating that he slowly will push the dollar out of their reserves into "stronger" currencies such as the Euro, it would not shock me, if everybody is very pessimistic about the performance and value of the dollar.

It seems that the Euro has now finally approached the Entertainment industry, Jay-Z has released his new music video in support of one of the songs that he has on the American Gangster's Soundtrack. The surprising part of the video is that he flashes a stack of 100, 500 Euro Bills instead of the US Dollar, which has been known to be flashed in music videos and movies.

In other entertainment news super model Gisele Bundchen has made it clear in her modeling contracts that she has to be paid in EURO and not in the weakening US dollar. Now that the supermodel has made it clear that she will not accept dollars, will others get in the act? it would not shock me if all the movie actors, singers, and supermodels all start demanding to get paid in EURO.

When it comes to the fact, that now 100 euros will buy 147 US dollars, compared to a year ago when it bought 134 dollars, and of course a few years ago, at 90 dollars. The value of the dollar has truly sank, and pop culture is now catching on.

I Personally think that once wealth accumulates You should 'switch' your saving currency, deposit currency, and anything else on monetary value, switched to the Euro, Because the war on Iraq is draining America dry and helping America move towards bankruptcy, The war in Iraq has forced U.S.A to barrow money from China and in order to pay China back for the loan the American Government has raised tax's.