End is near for US dollar hegemony
Featured contributor Prof. Warwick Powell on how the emerging order runs on multi-currency settlements, with value anchored in real use.
By Featured contributor Warwick Powell
April 2025 will stand as an inflection point. Rather than lay the foundations for a return of manufacturing to the United States, the so-called reciprocal tariffs launched by the US administration have accelerated the transition away from the dollar-dominated global economic system.
The transition is not the replacem…