Short of total meltdown in the eurozone, moreover, the dollar should be well down also against the euro.

FORBES: The Dollar Is Flying High -- But How Long Will The Rally Last?

On balance, the biggest risk to our prosperity, total meltdown of the eurozone, has diminished, though it has not been extinguished.

BBC: The price of saving the eurozone

She was in close contact with Yegor Gaidar and the other young reformers who saved the Russian economy from total meltdown and laid the foundations, albeit shaky ones, for a market economy.

ECONOMIST: Observing Russia

The prevailing wisdom was that Europe would be a mess but would not succumb to a Lehman-esque total meltdown, especially given the haircuts that bondholders had finally, grudgingly agreed to just last week.

FORBES: The European Union, Directed by M. Night Shyamalan

Since last November, when the collapse of Hokkaido Takushoku Bank undermined confidence in all Japanese banks, Norinchukin has played a key role in preventing total meltdown, by lending money on to those big banks that the market considers too risky.

ECONOMIST: Japanese banking

While a total financial meltdown may not be in the cards, recent reports of slowing European economic growth could throw a damp towel on the nascent global stock resurgence.

FORBES: International Mutual Fund Best Buys: Strike While The Iron Is Warm

You make out the Fed to be the total culprit in the financial meltdown, but I believe that the people in the Fed (DC and NY) should bear less than half the blame.

FORBES: Mitt Romney Should Be Bashing The Fed, Not China