India about to ink as big a deal.
IF the trade is done in an alternate currency and that currency has tight regulations and controls then it`s the end of the USD reserve status.
Obama`s plan of destroying the USA on track to success .
When Obummer travels overseas, it looks like a trip to Disneyland. He always has Mother in law, Wife and children in tow.
Contrast that with Putin. When he goes anywhere, he brings results.
What a difference in leadership!!!!!!!!!!!
IF the trade is done in an alternate currency and that currency has tight regulations and controls then it`s the end of the USD reserve status.
.............
not likely.
the dollar has been going sideways for years. downward pressure on the dollar by QE’s is met by upward pressure on the dollar by rising US oil production.
The QE’s are being phased out but US oil production is still rising.
the next direction of the dollar is up.
central bankers around the world have many billions of dollars as their reserve currency. they’re not going to sell dollars when the dollar is rising.