The Core
Why We Are Here => Economics & Investing => Topic started by: Mackin USA on September 17, 2017, 12:16:27 PM
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China, Russia, and India have cut deals in which they agree to accept each others’ currencies for bi-lateral trade while Europe, obviously, designed the euro to be a reserve asset and international medium of exchange.
These were challenges to the dollar’s dominance, but they weren’t mortal threats.
What’s happening lately, however, is a lot more serious.
http://www.zerohedge.com/news/2017-09-16/suddenly-de-dollarization-thing