[mark_l_watson]

I agree with you, but...

eventually we will see a de-dollarization (there is a good book out with this name, which I recommend).

The thing that is really helping the USA now is that even countries that have been diligently working for de-dollarization do not want it to happen all at once. They want to slowly ease out of using the dollar for the reserve currency. I think that this may give us another decade of “owning” the reserve currency - that said, my friends correctly accuse me of over optimism, and I may be wrong about this.