It’s Over: China Just Broke The US Dollar - #176
It is difficult to predict the future with certainty, but it is possible that the US dollar may lose its status as the world reserve currency in the future. The US dollar has been the dominant reserve currency since the end of World War II, and its status is supported by various factors such as the size of the US economy, the depth and liquidity of US financial markets, and the political stability of the United States.
However, there are some factors that could potentially weaken the US dollar's status as the world reserve currency. For example, rising geopolitical tensions, increasing debt levels, and the emergence of alternative global economic powers such as China could lead to a loss of confidence in the US dollar and a shift towards other currencies.
That being said, it is important to note that the US dollar is deeply entrenched in the global financial system and any change in its status as the world reserve currency would likely be a gradual process that would take place over many years, if not decades.
Twitter: https://twitter.com/Kogz/status/1643750069907210241?s=20
However, there are some factors that could potentially weaken the US dollar's status as the world reserve currency. For example, rising geopolitical tensions, increasing debt levels, and the emergence of alternative global economic powers such as China could lead to a loss of confidence in the US dollar and a shift towards other currencies.
That being said, it is important to note that the US dollar is deeply entrenched in the global financial system and any change in its status as the world reserve currency would likely be a gradual process that would take place over many years, if not decades.
Twitter: https://twitter.com/Kogz/status/1643750069907210241?s=20
YouTube: https://youtu.be/VWksCNuqb04
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