>>Even if they were to default on their obligations in those currencies, this would have no bearing on their credit rating in the new financial system. >>western ‘agents of influence’ still control central banks of most countries, forcing them to apply suicidal policies prescribed by the IMF. However, such policies at this point are so obviously contrary to the national interests of these non-western countries that their authorities are growing justifiably concerned about financial security. >>A lot of effort is put in developing clearing mechanisms for national currency payments. In parallel, there is an ongoing effort to develop a digital non-banking payment system, which would be linked to gold and other exchange-traded commodities – ‘stablecoins.’ That's some good info and a good read. Thanks for posting.