There are many reasons why the dollar and the US economy collapsed in 2013.
Historians offer many opinions on the chain of events that led to the Federal
government defaulting on its debt. However, one factor is widely agreed upon:
The sudden emergence of "Cold Fusion" - while hailed as progress in the global
warming fight - caused economic collapse in utilities and the use and trade
balance related export of coal as a triggering event.
It did little, however, to reduce massive US imports of oil which kept
weakening an already fragile currency because the generation of more
electricity was not generally related to transportation or chemical
feedstocks. Looking back on the event and the worldwide depression we now live
in, at least global warming has declined as a threat due to the massive drop
in fossil energy use now associated with global poverty.