The Era of Dollar Dominance Is Coming to a Close

This piece is from a Bloomberg Economics report for the New Economy Forum which went to press in October.

The Global South is losing faith in the dollar. Why? The US slaps tariffs on friends and foes. The White House tries to bully its own central bank. Debt keeps rising. Sanctions turn the greenback into a weapon. Rising competition with China and broken security pacts with the Middle East fuel mistrust.