The dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves, according to Stephen Jen.
Increased US sponsored terrorism to strong arm countries, coup unaligned countries and prop up pro-US puppets (see Milei or Noboa) to keep dollar influence and force them to take anti-China stances.
I think one big effect is going to be US economy shrinking, and with that we'll see US ability to project power fade as well. I expect this will be a self reinforcing phenomenon, because the weaker US becomes the more countries will slip out from under its thumb.
The US will continue its strategy of drawing a big line between "good" countries and "bad" countries. Then it will eat the "good" countries while projecting blame at the "bad" countries.
As dedollarization advnces, what are the geopolitical effects going to be?
Increased US sponsored terrorism to strong arm countries, coup unaligned countries and prop up pro-US puppets (see Milei or Noboa) to keep dollar influence and force them to take anti-China stances.
I think one big effect is going to be US economy shrinking, and with that we'll see US ability to project power fade as well. I expect this will be a self reinforcing phenomenon, because the weaker US becomes the more countries will slip out from under its thumb.
The US will continue its strategy of drawing a big line between "good" countries and "bad" countries. Then it will eat the "good" countries while projecting blame at the "bad" countries.