De-Dollarization Accelerates As US Dollar Becomes 'Toxic', Expert Warns
The US dollar has become increasingly toxic in global markets, and this reality is forcing countries around the world to seriously rethink their financial strategies right now. One of the most prominent economists in Russia has said that the dollar is now weaponized to the extent that global countries are scurrying around to seek alternative options and that this is already transforming foreign exchange reserves and currency diversification policies as well as global trade patterns in a manner and extent never experienced in the past. Also Read: De-Dollarization Gains Momentum: 50+ Countries Abandon US Dollar Dominance US Dollar Toxic Impact, De-Dollarization, Currency Diversification, And Trade Source: Watcher.Guru Expert Sounds Alarm on Dollar’s Political Weaponization Sergey Glazyev, commissioner at the Eurasian Economic Union and a commissioner of integration and macroeconomics is not beating around the bush in voicing his opinion about how bad Western currencies are doing at ...