USA about US Dollar: Sleep Walking
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07 April 2023 at 23:30. Before one year, in 03/2022, I started to write comments about the risk for USA dollar due to the ‘hard work’ by Russia and China to create an alternative for the US Dollar, while in 09/2022, I used the phrase ‘Sleep Walking’ to describe how the USA and the West don’t understand the forthcoming big change in the economic global order (see my previous comments below). However, even now, a year later, it seems that the USA still lacks an understanding of what is going to happen. Only a big wake-up call may help USA the slow down the forthcoming dramatic change in the global position of the USA Dollar.
China, Malaysia to discuss Asian Monetary Fund to reduce dependence on US dollar (msn.com)
Is the US Dollar No Longer the World’s Leading Currency? (msn.com)