$40 Trillion Later: Is the U.S. Dollar Empire Finally Breaking? | Silk and Steel
Rasheed and Carl Zha take a hard look at the pressures on the U.S.-led global financial and geopolitical system — from the $40 trillion U.S. debt mountain and de-dollarization to the Strait of Hormuz crisis, BRICS, China, Russia, Iran, India and the rise of a genuinely multipolar world.Does the weaponization of the U.S. dollar accelerate the de-dollarization Washington wants to prevent?Carl Zha argues that countries such as Russia, Iran and China have been forced to develop alternatives to the dollar system after financial sanctions became a geopolitical weapon. Rising interest rates and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.