Countries are increasing their de-dollarisation, threatening the dollar's supremacy
De-dollarisation: shifting power between the US and BRICS.
The US government has been running large budget deficits for years, and this has led to concerns about inflation and the value of the dollar. The US also has the largest debt in the world at around USD32 trillion.
China is the world's second-largest economy and is becoming increasingly influential in the global trade. China has been promoting the use of its currency, the yuan, as an alternative to the dollar. China has paid for some of its oil from Saudi Arabia in yuan.
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MonkeyGee : As I have shared many times before I believe these past few years was not a literal war but a financial war between countries. Every country is fighting to ensure they don't collapse.
bullrider_21OP MonkeyGee: The US wants to maintain its hegemony.