The U.S. is much worse off than the European banks too even though all we hear about is how once the dominos begin to fall in Europe, the United States will be directly affected. While true, the fact of the matter is that the 'Fed' has doled out more than $23.5 TRILLION in bail-outs since 2008 - yet, the dollar is a 'safe haven' right now?
Our entire debt (national debt, trade & budget deficits, unfunded liabilities and bail-outs) is close to $100 TRILLION and that doesn't even involve derivative contracts in this nation (over $230 TRILLION).
I believe there is a scripture in the Bible that talks about Babylon falling in one day - I believe we are going to wake up one morning to breaking news that the dollar is no longer the world's reserve currency or that some other financial catastrophe has occurred which will send prices in the U.S. through the roof. Hope everyone has their food storage at this point because basic staples like food, fuel and commodities are going to drastically increase in price when that happens (if not outright hyper-inflation, which is a 50% increase in prices in one month or a 100% increase in three months (and it could be worse than that given the situation).