The End Of Dollar Dominance Starts Now - The Dollar Is Dying

The End Of Dollar Dominance Starts Now - The Dollar Is Dying

July 4, 2025

U.S. DOLLAR COLLAPSE - FOLLOW THE MONEY

World Affairs In Context

The U.S. dollar is losing its leading global position, as Washington has become the world’s largest debtor, famed investor Jim Rogers told the Sputnik news agency.

The co-founder of the Quantum Fund noted that more and more countries are becoming hesitant about the greenback, as deep reliance on its use can lead to multiple problems.

“Many friends of America are moving, trying to find something to compete with and ultimately replace the US dollar,” Rogers said in an interview.

“Many people are starting to say: wait a minute, I don't know if we want to use that money, because it will have a problem someday,” he said. “But also, the world’s international currency is supposed to be completely neutral. Anybody can use it for anything you want. But now Washington is changing the rules. And if they get angry at you, they cut you off.”

Rogers explained that a growing number of countries are now seeking an alternative to the greenback, adding that the Chinese yuan could replace the US currency as the most common means for conducting international settlements.

The Chinese currency replaced the dollar as the most-traded foreign currency in Russia. Moreover, the yuan is continuing to penetrate a number of other markets around the world.

“It will happen. It has always happened. And America's time is coming to an end. The American dollar this time is coming to an end,” Rogers concluded. “No currency has been on top more than 150 years. Nobody has always been on top, so it's always happened.”

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Original: https://youtu.be/R6EYv_Q4d3w

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