The Fate of the Global Economy, De-dollarization, and Russia in Trump 2.0

The global economy is currently a tangled disaster. At the center of it all is de-dollarization, Russia, and the very real possibility of Trump's return to the White House.

Imagine this: the world no longer bows to the US dollar. That's what is at stake as countries from Russia and China to a whole coalition of Southeast Asian nations begin to move away from the dominance of the American currency.

Trump 2.0? He is ready to impose tariffs and restrictions like never before if these countries continue to trade in their own currencies. Such a scheme has enormous consequences not only for America and its financial empire but also for global inflation, debt, and — let's face it — who commands the global finance.

Russia is leading this charge. As soon as sanctions began to pour down on them after their actions in Ukraine, they looked at the dollar and said, 'Yes, we're done with that.' Now Russia and China are conducting almost all their payments to each other in their own currencies — in fact, over 90% of them.