Trump’s Dollar Collapse: Economic Chaos and the Looming Future
President Trump’s policies have undermined the U.S. dollar’s reliability as the global reserve currency, leading to significant consequences. Traders are selling off Treasury bonds, indicating a loss of confidence in the U.S. economy, and yields on 10- and 30-year bonds have reached alarming levels. This decline in confidence is further evidenced by international investors reducing their holdings of U.S. dollar assets and exploring alternative investment options. The potential collapse of the dollar’s dominance would trigger a global financial crisis of unprecedented scale, impacting the U.S. economy severely.
John Q. Hosedrinker