Nobody's ditching the dollar. However Saudi Arabia and China significantly reduced their investment in US bonds lately. Also notice that the interests on US debt come dangerously close to the whole of US discretionary government revenue.
"May you live in interesting times" as the (apocryphal) Chinese malediction says.
edit : added missing "discretionary". My mistake (you know, a simple honest error, not a "lie" or whatever).
"May you live in interesting times" as the (apocryphal) Chinese malediction says.
edit : added missing "discretionary". My mistake (you know, a simple honest error, not a "lie" or whatever).