Originally Posted by
Daytr
Skid, that is already occurring incrementally with China opening up the Yuan for trade for oil, iron ore & other commodities. I'm not sure it has much to do with the USD rather another step in the direction of floating their currency & the Yuan eventually becoming a reserve currency. IMO this will happen a lot quicker than most think. The Yuan imo will be floated in the next 5-10 years. Russia too has been doing direct trade in roubles particularly for oil, starting about three years ago from memory.