Global use of the US dollar as a currency may decline further to 40-45% within the next 2-3 years.
March 2023 brought an economic bloodbath in the United States. One of the most prominent American banks, the Silicon Valley Bank, which was counted as one of the top 20 banks in the US with over $215 bn in assets, collapsed. The bank suffered a massive loss of $1.8 bn due to the interest hike on US Treasury securities.
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Global Capitalism: The Changing World Economy [May 2023]
US economy is in a financial crisis worse than 2008