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Showing posts with the label global dominance

The US Dollar's Prestige Is Not Guaranteed, It Must Learn To Share

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The recent US dollar decline is currently shaping a new world narrative. This narrative is rife with de-dollarization, with elements such as USD competitors hounding the US dollar day and night. With the geopolitical tensions escalating, as the US continues to introduce new tariff regimes, the world is now exhibiting a new stance of USD defiance. The current world is more accommodating towards new thought processes and financial methodologies that support holistic currency approaches rather than depending on a singular currency for its own survival. This world is now inching towards adopting a multipolar stance, an idea that the US dollar must learn to entertain one way or the other. Also Read: De-Dollarization: 3 Global Superpowers Drop USD for Crypto Oil Trade US Dollar Hegemony Is Under Pressure Source: Watcher Guru There was a time when the dollar’s reserve asset status was highly revered and trusted. The currency was leading in all financial aspects, establishing its power over ot...