What if US democracy collapses?, page-8

  1. 23,953 Posts.
    lightbulb Created with Sketch. 770

    IMO the collapse of the USD as the global reserve currency will
    follow the collapse of the USD due to over-printing and the
    trend away from globalism to bilateral trade deals.

    This is already happening with a fair share of our exports to
    China being transacted in Yuan/AUD rather than in USD.

    The Ukraine War/Russian Sanctions has accelerated that trend, IMO,
    which has threatened the Petro-Dollar.

    https://hotcopper.com.au/data/attachments/4678/4678285-c16e89fe4f746d57df9463ce0f7be9d7.jpg
    This chart does not include the impact of Russian Sanctions on the US Petro-Dollar
    Global Forex USD holdings are a good indicator of global trade in USD. which according to the above
    chart has fallen 11% since 1999.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.