As you probably know, China and Russia are doing everything to collapse dollar as world's reserve currency.
Today, China have a agreements with more than 35 countries that includes direct trade without dollar with Germany, Russia, Japan, Australia, N. & S. Korea, Turkey, Brazil, South Africa, India, Iran, and so on; all countries from BRICS block are doing trade without dollar with each other and for the first time and most important of all - Russia is selling oil in their own currency - ruble and chinese reninmbi and all former Soviet Union block are doing trade in ruble.
I'm from Serbia, so you probably don't know what's happening outside of US, but in Europe in general, everyone is trying not to use dollar anymore in their trades. From few days ago, even Serbia and Russia have started doing trade without dollar as reserve currency.
Therefore, I would like to know your opinion about future of the dollar and his geopolitical influence? Will US be able to succeed to save their currency in present form, precisely, will be able to regain its former glory or the dollar will continue to fall down?
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