KEY POINTS
While de-dollarization is not exactly a new phenomenon, the narrative has changed.
De-dollarization in ASEAN is expected to pick up pace, according to the Bank of America.
Some Asian economies have the greatest potential to repatriate their foreign earnings or assets back to their local currencies.
This will have far larger long term consequences than most people realize. This could cripple our economy if the dollar loses reserve currency status.
Do you mean reserve currency status? There’s no changing the fact the dollar is a fiat currency.
Thanks. Had terms reversed in my head.
You may want to check what fiat currency means
Trump is putting it all on
blackBitcoinEither that or the project 2025 crippling