China wants to replace the US as world reserve currency --- Will that spell the end of the US?

No problem, Japan has been buying Chinese debt for months now...China's economy is in shambles. They, the Chinese, use the yuan so that it will float to its actual worldwide value without having to directly devalue their currency. This is a positive situation for the global currency exchange, IMF and World Bank.

China's currency has been artificially supported at unrealistic levels for years.

For me this is a very complex subject, the exchange of currency between nations. From what I understand, for the near term, our dollar will maintain its reserve status. Europe is in a fiscal mess.

Japan is still, economically, in the doldrums. China, while growing stronger, is still not economically strong enough to displace the American dollar. It shows how strong the dollar still is by the ten year bond rate falling to somewhere around a 1.5 yield.

But true enough, if we don't get our fiscal act together we will sooner or later lose our position as reserve currency.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.