China is using their trillion dollars of U.S. foreign reserves...

China is using their trillion dollars of U.S. foreign reserves to buy GOLD and in doing so is hedging their U.S. reserves with GOLD. Most of the world sees what is coming and is preparing for it with GOLD and PM's to preserve their wealth. When the U.S. Dollar crashes overnight it will be too late to save your money in the bank. In Australia the dollar will plunge further than the U.S. Dollar when it happens and the new Bail In laws will take most of you money to bail out the banks.
There wont be much of a warning as the warning sirens have been going off for a long time and they have just blended into the background noise, but they're still screaming.

Joe Hockey apparently has given the RBA 8 billion dollars to take the AUD down. So we are now doing exactly what the U.S. is doing printing money to keep the economy from collapsing. He has also raised the debt ceiling to 500 billion from 300 billion.