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Is the U.S. About to Get Hit with a Financial Weapon of Mass Destruction?
Last year, the U.S. dollar accounted for 47% of global reserves - a decline of 8% from 2021. According to Eurizon SLJ Asset Management, this decline is "equivalent to 10 times the average annual pace of erosion in the dollars's market share" over the previous two decades.
Why is this happening? Are rival nations intentionally targeting the dollar and preparing to unleash a financial weapon of mass destruction on the United States? Or is something else going on? In today's video, we discuss these questions and how U.S. economic and military power could suddenly exit the world stage.
Referenced article: https://internationalman.com/articles/rise-of-the-petroyuan-the-end-of-the-petrodollars-reign-and-the-impact-on-global-markets/
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