the rules of the game have changed. Dramatically

2009/6/17: Sueddeutsche Zeitung, "the Russians want it, the Chinese want it, and the Arab countries want it in any case, but in the West hardly anyone listens. At issue is a new global monetary system, one that is more independent from the dollar, which is losing prestige the longer the economic crisis lasts. In the meantime, the dollar is considered an unreliable weakling. With every billion that the U.S. government and the Federal Reserve spend in Washington, the tone of the dollar critics is getting louder. And if the flow of money from Moscow and Beijing dries up, the Americans will be unable to pay for their economic stimulus programs. The West still has it in its hands to shape the new global financial order. If the West continues to ignore the proposals of the new economic powers, it is risking an uncontrolled change to a new key currency. A sudden flight from the dollar would lead to further distortions. Serious monetary turbulence would be the consequence with the corresponding implications for the global economy. It would be better to introduce a broadly based basked currency that is based on natural resources and precious metals. In the past, there were many wars about gold. This alone should be warning enough and an impetus to pursue a policy that would eventually replace the dollar [as key currency]."
In other words: the rules of the game have changed. Dramatically.