Seems plausible. But idk. USD system has a crazy Network effect. Maybe two more major prints in the next 10-20 years and it’ll be done as the world reserve system.
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Full WWIII or AI take over scenarios aside, I would bet 1 or 2 major crisis in the next decade at most and USD - as the imperialist global reserve currency - kicks the bucket.
I recently wrote a looong article about the history of US and USD decline that's basically the long version of your bullet points. Your summary is definetely more web-reader friendly anyway 😅
