This is the non catastrophic scenario for the world economy. Helpful
China Inc is pushing towards a world where they do not have to pay for oil using dollars. This will result in other countries doing the same thing. Are you ready for dedollarization?
James Corbett covers the Chinese move to buy gold directly in RMB Yuan. The U.S. dollar is losing the reserve currency status. DANGER! That bankers may strike. Or this may be their strike. Corbett Report Show Notes: China's New World Order: Gold-backed oil benchmark on the way