My local news just had this on last night. China and Russia announced that they will be weaning themselves off of the dollar for international transactions. This is horrible economic news. This will force a repatriation of dollars to the USA and thereby expand the domestic money supply. With the Fed’s QE2 policy already in place, the inflationary contribution of these repatriated dollars will be significant. I now have harbored feelings of hostility toward Russia and China because a rock slide usually starts by one rock at he top. I also feel that the US is going to be at the bottom of the rock slide! Why are they doing this to us?