7 Countries (with large US dollar holdings) are considering abandoning the US dollar.

It’s no secret that the dollar is on a downward spiral. Its value is dropping, and the Fed isn’t doing a whole lot to change that. As a result, a number of countries are considering a shift away from the dollar to preserve their assets. These are seven of the countries currently considering a move from the dollar, and how they’ll have an effect on its value and the US economy.

1. Saudi Arabia

2. South Korea

3. China

4. Venezuela

5. Sudan

6. Iran

7. Russia

http://www.currencytrading.net/2007/7-countries-considering-abandoning-the-us-dollar-and-what-it-means/