Deutsche Bank Warns: The Decline of the King Dollar May Well Be Irreversible!
The announcement of the fall of the King Dollar has been a recurring theme for years, but this time it seems to be different.
Everyone has been talking about the coming downfall of the King Dollar for many years now. And yet, the King Dollar is still firmly in his place. Nevertheless, it seems that the challenge to the US dollar's dominance of international trade and global reserves has reached a much higher level in recent months. The BRICS movement initiated by Russia and China seems likely to stir the pot, as does Donald Trump's economic policy, which could well prove disastrous for American hegemony over the world.
Well aware of all that is currently happening, Deutsche Bank is sounding the alarm on a phenomenon beyond the BRICS or BRICS+: the de-dollarization among US allies.
Faced with geopolitical tensions and financial sanctions, many nations seek to reduce their dependence on the greenback. If this trend accelerates, the impact could be considerable, upsetting the global monetary balance and redefining the balance of power within the international financial system.
The End Is Nigh for Ethereum. Here Are the Reasons Behind This Disaster.
Bitcoiners have been saying it for a long time, but Ethereum fans seemed to refuse to believe it for a very long time. Today, those Ethereum fans have to face the facts: Ethereum is as good as dead.
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