The chatter started several years ago, perhaps around the time the euro came into being. The word was the US dollar would soon lose its status as the world's reserve currency. The bad news: It won't come as a surprise to anyone that the US deficit will get worse, and chances are, much worse. The good news: The EU, and the euro, are in worse shape than the US when it comes to fiscal issues. The result is the US dollar, barring unforeseen circumstances, will remain in the reserve currency pole position, just as the US economy will most likely remain the largest in the world for a long time.