Mike Shedlock: What would it take to end U.S. dollar dominance over global transactions

Mike Shedlock: What would it take to end U.S. dollar dominance over global transactions
End of U.S. dollar global dominance

Mike Shedlock, author / blogger at MishTalk, raises the question of what it would take to end U.S. dollar dominance over global transactions.

He invites discussion on both correct and incorrect answers to this topic, engaging several market commentators.

Shedlock has previously flagged market risks in a range of sectors. In March, he highlighted record auto loan delinquencies and near-record credit card stress, noting that consumer credit risk now parallels Great Recession levels. More recently, he reported that Bitcoin remains in a downward wave with little change in momentum.

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