End of King Dollar: The Trend Is Not The Dollar's Friend
Countries like China and Brazil are no using the US dollar solely as a way to trade. Instead, they are using their own currencies. Even small economies like Kenya are joining the trend of moving away from the dollar. This is causing a global sea change. In this RTD Quick Take, I talk about three of the biggest trends and why they are bad for the dollar's long-term role as the reserve currency.
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📢 Disclaimer: The opinions expressed in this video are for educational and entertainment purposes only. They should not be used for investment decisions or tax advice and do not constitute personalized investment advice. Thank you for watching!
#KingDollar #de-dollarization #globalcurrency #multicurrencysystem #economy #finance #globaltrade #currencywars #reservecurrency #USD #China #Brazil #Russia #Kenya #Dubai #SaudiArabia
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