>(1) Boost internal demand and park the remainder in high-growth Chinese,
>Vietnamese, Korean, Russian and Eastern European markets.
They're either not big enough or already saturated with cash.
>(2) If the US dollar depreciates, other currencies appreciate. The euro is
>already here, and an Asian currency unit is on the way.
A dollar crisis would threaten global financial stability - it wouldn't be a zero-sum game.
Doug