The Rise of the Dollars in Global Trade

The world is dependent upon dollars in trade and yet we've been witnessing a huge drop-off in dollars being used as global trade. During the 20 year period where America was focused on the global war on terror nobody else was focused on that conflict, he says. That gave our our adversaries a 20 year advantage in being able to build organized and structure alternatives to our economic dominant positions,. He adds. I think we owe a certain debt of gratitude for COVID because it was the COVID crisis that woke us all up to the fact that our economy and the globalized economy was so heavily focused on a single supply chain"