The U.S. has been a financial bully for many decades now, and the other nations of the world have grown tired of it. They see that what happens to those the U.S. deems an enemy is financial ruin, and are averse to being in that situation. Culturally (for example), the middle east and India are accustomed to reposing wealth in gold or jewels, as being imperishable. Other nations are tired of having their currency pegged to the dollar, when the dollar floats on a promise and a smile---and Chinese willingness to purchase our securities.