Expect Chinese to dump dollars

Their appetite for US assets can crash soon. This can affect stocks. Expect the dollar to decline in value. Already, all eyes are on the dollar, and it is at a yearly low against the euro.

How can this be? Well, arabs want to switch to euro as the global currency. The see US as the enemy. However, both russia and china want america to lose its position as world power. Perhaps this will lead to a new currency the amero to replace the dollar.