MOSCOW, August 17 The United States is facing the largest economic crisis in history, which will rid the world of the hegemony of the dollar, said German entrepreneur and former owner of the largest file sharing service Megaupload Kim Dotcom on the social network X.
«The end of the US dollar dominance is coming. The world is rejecting the bully. The US will not be able to increase the national debt. Printing money will be their only tool. Hyperinflation will destroy the assets of the United States. Expect the biggest crash in history,» he predicted.
Earlier, Russian President Vladimir Putin warned that the US owed the world economy $54.3 trillion in unsecured debt. The country's economy is shrinking, and its fundamental foundations are cracking from time to time. He called it a problem for all holders of the dollar mass.
Putin has repeatedly emphasized that in this regard, the process of de-dollarization in the world is inevitable and objective. According to the president, the BRICS countries are already working out effective mechanisms for settlements and currency and financial control. Due to this, the share of the American currency in transactions between the members of the union is decreasing.