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It is troubling that key countries are actually freeing themselves from our national ponzi scam, the US petro dollar. We've bombed a lot of people to defend the dollar and so far it has worked. Iraq and Libya felt our wrath when they tried to move away from the dollar.
Make no mistake about it. When the other nations decide to stand up to the bully and say FU to trading in the dollar, it is goodbye US economy, hello basket on your head. It is coming. We are trying our best to stop it, but will eventually fail.
World War 3: the unthinkable cost of preserving the petrodollar - YouTube
I think you are totally right about where our country is headed. Just how much longer? A year? 3-4 years? I bet when it does hit it will go fast.