the dollars hegemony days are numbered IMO but the actions against Russia. Why would China and Russia hold dollar assets now?
Why would Asian countries be a part of SWIFT when China now has alternative? But as Zerohedge pointed out former Fed staffer now questioning even the rationale of holding dollars as reserves when countries on wrong side of US can be simply locked out like Afghanistan and now Russia were?
This should be bullish for dollar and euro alternatives like gold.
Edited by linrom1, 03 March 2022 - 10:19 AM.