Malaysia's Mahathir predicts dollar's fall - Business Week

http://www.businessweek.com/ap/financialnews/D8950VCG0.htm?campaign_id=apn_home_down

MAR. 29 9:32 P.M. ET Former Prime Minister Mahathir Mohamad, whose economic management during the 1997-98 financial crisis won worldwide accolades, says the U.S. dollar is heading for a collapse, and urged international businesses to trade in euro, news reports said Wednesday.

In a dialogue session with international CEOs on Tuesday, Mahathir said only the fear of a global economic catastrophe in the event of a dollar collapse is helping the greenback retain its value, the Star and the New Straits Times newspapers reported.
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"The catastrophe will come one day because even the most powerful country in the world cannot repay loans amounting to US$ 7 trillion (euro5.3 trillion)," he was quoted as saying during the dialogue, held in Sabah state on Borneo island.
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He blamed Washington's massive deficit on President George W. Bush's economic policies.