Bill Bonner: What I Learned in China About the Fate of the US Dollar

“‘China is the nation to watch,’ begins a Beijing colleague. It is already the biggest trading nation in the world. And it will soon pass the US as the world’s biggest economy. But what is really important is that it will also overtake the US in two other important categories: military power and money. Now, the US is making a show of supporting the nations around China… as though it could stop China by teaming up with the Philippines and Japan. This is like the early 19th century, when France tried to get all of Europe to unite against Britain, the rising power of that era. It didn’t work… You can’t stop a nation whose time has come. And China’s time is coming.'”

http://bonnerandpartners.com/learned-china-fate-us-dollar/