At the risk of making a bad pun, I think you're spot on the money croups. I find it quite incredible how all of these socioeconomic factors are coming together at this time and how the economic mistakes of the past are coming home to roost. Re the role of gold, from my reading a gold backed currency seems the height of logic. There doesn't seem to be a whole lot of support out there among the economic orthodoxy though. I wonder if there are some economists out there who do see a role for gold and who have the ears of their western governments... Maybe when the gold dinar gets moving....
