The other day, China and Russia reached an agreement to stop using the US Dollar for poker chips at their weekly card games. Panic ensued in the more panic-prone corners of the intertubes.
Zero Hedge counters with the fact that both nations are still sitting on mattresses full of greenbacks, which they have no desire to turn into toilet paper yet, and that China does quite a bit less business with Vladimir Putin than it does with Mike Duke, so the sky's hardly falling here. Yet.
(H/T to Mr. B.)