Is the Dollar’s Top Dog Status Now About to End?

By: Atul Singh & Glenn Carle

Dollar's global dominance wanes, Russia, Brazil, Saudi Arabia shift to renminbi, Russia-Iran trade in rubles, BRICS currency talk.

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Doomsdayers foresee dollar's demise, yen, euro, renminbi rise. But US economic model remains unparalleled, attracting investment.

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Dollar's waning dominance due to historical shifts: US power decline, European recovery, and Russian resilience.

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Post-WWII, US dominated: 50% global GDP, factory of the world. Dollar's dominance wanes as other economies rise.

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China rises as workshop of the world, biggest commodity importer. Renminbi gains traction in cross-border transactions.

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Dollar remains unchallenged as reserve currency due to yuan's limitations and Chinese capital controls.

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China's financial system lacks investor protections, transparency, and efficiency despite its position as the global factory.

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Euro's long-term survival uncertain due to north-south divide, Greek debt crisis, and Italy's economic challenges.

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