America seems to be teetering on collapse, but still I keep hearing about them spreading their influence in eastern Europe and South America. What would have to happen to get them to stop? I know the British Empire collapsed under mountains of debt after WW2, can US imperialism slow down just a little?
Eh it'll probably be a mix of the euro, renminbi and the yen. No way anyone's gonna be as dominating the US is. Who knows, maybe gold makes a comeback.
Yeah you're probably right, I'm just dreaming. The world post-US hegemony is going to be a much less stable place with a mixed bag of reserve currencies. We're already headed in that direction.
It really depends. If BRI takes off and becomes a massive economic engine, the RMB might earn hegemony. If the dollar loses its place by piecemeal efforts from various countries around the world, that's a different story.