Is the Dollar Done Being the World Currency?

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Took place 4 weeks 1 day ago

Wed 16 Sep 19:00 - 22:00

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The Netherlands has just removed all its gold (billions and billions) from the United States and placed it in vaults in London. The stated grounds? "Political uncertainty. " That is diplomatic language for "Trump is batshit crazy, wanted to take Greenland and may come after gold assets held in the United States. Stated more diplomatically--"the United States is no longer the seat of a stable government." While there was no mention of moving away from the dollar as the reserve currency of the world--can that be far behind? Given the national debt in America now crossing $40bn and a fiscally irresponsible government, isn't moving to a currency in a more stable environment--like China or the EU the next logical move?