Former US President Donald Trump said that the dollar may soon cease to be the main world currency. According to Trump, the policy of the current President Joe Biden is leading to this.
“China is trying to displace the US dollar as the number one currency in the world. This was unthinkable three years ago! If this happens, and under the leadership of Biden, perhaps it will happen, this will be the biggest defeat of our country in its history, ”he said in his Truth Social social network.
He suggested that in such a scenario, the United States would become «second-rate country».
American economist Nouriel Roubini previously admitted that within ten years there will be a «decline» of the dollar as a reserve currency. Other experts expressed similar opinions, such as Ray Dalio, founder of Bridgewater Associates.