BRICS alarm in the United States: Does the dollar hegemony threaten that?
BRICS alarm in the United States: Does the dollar hegemony threaten that?
USA - Attention, currency madness! The US dollar, the undisputed heavyweight of the financial world, could lose its throne, but not to the emerging Brics countries. Oh no, the actual threat is right on the front door of the USA! According to a sensational report by Bloomberg, it is your own dealings with its economic power, which puts the dollar in danger. And not the ambitious plans of Brics and Co., who want to push the Yuan with China at the forefront to blow up the chains of the Greenback.
But what actually happened? Trump and his "threatening gestures" seem to show less effect than one could assume. The real weakness lies in the reliability of the United States. The world relies on stability and trust in the US economy to secure its central bank reserves. However, the US economic escapades could do great damage. Previously unimaginable deficits remain unpunished because America's gigantic GDP cushions them. Experts warn, exceeding arbitrary sanctions, interference in the Federal Reserve and geopolitical conflicts could falter the dollar faster than any BRICS-Plan as reports watcher.guru . A strong plea for more economic sobriety and reliability if the dollar is to continue to rule the world!
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Ort | USA |