Jeff Fitchett: It is only a matter of time before the US dollar's dominance in our world fades into the sunset. The US has been in decline for decades, but the media, financial pundits and politicians have been 'peddling fiction' for so long that the masses continue to believe in the strength of the US. If you tell a lie enough times over and over again it becomes truth to the uninitiated. Major nations are slowly backing away from the US to pursue a more collaborative agenda with other nations. You should scan this article as it only takes a few minutes and the charts speak for themselves.
"There has been much speculation whether foreign official institutions (central banks, SWFs, reserve managers and so on) are selling Treasurys or equities, or both as part of the Quantitative Tightening phenomenon."
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