The rest of the world really needs to start telling American where to take a flying leap. Unfortunately, the only ones left to fill the vacuum is China.
/sigh
They already are and will continue to do so. China will have the new reserve currency as long as they play thier cards right and don't collapse before us. The NWO will of course try to use the IMF to issue a"worldwide" currency, but I epxect China will have had enough at that point, and to make it absolutely clear that the YUAN is the one to use, they will announce that the Yuan is backed to some degree by a collection of commodities - possibly not 1:1 but cakced so that you get 50% of the equivalent value in oil, gold, silver, rare earths, and coal or whatever. THe only question really is will this be a slow and gradual process over the next 10 years, or will we wake up one day to discover the preferecne cascade has occurred and that dollars are now worht 1/10th of what they were in the foreign marketplace and that a flood of dollars is washing over assests in the UNited States as Foriengers try to get something of value for the dollars they own before they get nothing. This will result in large price-inflation in the US - and the Government will have to decide how to counter it. They could raise Rates and try to suck it up - but then the govt can't pay its debts, and economic output drops dramatically as its been on Federal life support till now. . They could instead print even more money and put it on the EBTs for the Free Shyt Army - resulting in Spiraling hyperinflation. My bet is on hyperinflation because 1) doing what is right in not in their nature 2) it extends and pretends the system even a bit longer.
