Tom Stillings - In the last two weeks, two things happened....

That's re-dollarization. Happening right now. - Tom Stillings

• First, Gulf and Asian countries requested dollar swap lines from the U.S. Treasury. Many countries did it. The UAE among them.
• Second, the UAE walked away from OPEC. Not a threat. Not a negotiation tactic. Formal withdrawal. After six decades of membership. They are out.

That means the UAE asked the U.S. for emergency dollar access. 

Then left the Saudi-led oil cartel.
They chose a deeper relationship with the U.S. over everything else.
You'll hear people say the dollar is dying. That BRICS is building an alternative. That the world is moving into a multipolar future.

• But look at what countries actually do when things get hard.
• They call the U.S...