Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - What effect would a bankruptcy of the US government have on the Canadian dollar or Euro? - I believe that the US government is on the verge of bankruptcy, and that when/if this occurs, it will cause a collapse of the US dollar. My question is what effect this will have on other currencies such as the Canadian dollar or Euro. What is the safest currency to be in when/if this occurs? -