And the year that the AMERICAN DOLLAR began its SLIP SLIDING AWAY as the World’s premier RESERVE CURRENCY.
When we lose that status for the US dollar, we’ll no longer be able to EXPORT MUCH OF THE INFLATION CAUSED BY OUR TRILLION DOLLAR ANNUAL DEFICITS. We will eat ALL of it domestically,
China is pushing Gulf states to accept yuan for oil payments.
This is a direct challenge to the petrodollar.
The winds of change are blowing.