>>60959483
>The dollar does have some staying power as it would be very difficult to fully walk away from all of the existing infrastructure and momentum.
I agree 100% about US and the EU. The EU ties to the USA are not primarily financial, but militarily. The EU depends on the USA for weapons systems, so the US has enormous leverage to force them to stay on the Eurodollar network.

Not so with the BRICS, so although the US dollar will not die anytime soon, demand for dollars may be cut in half in the foreseeable future, and the writing is on the wall. Aside from military weapons systems, China is a more useful supplier to the world than the USA.

Many of the geriatric US politicians act like the USA will remain the global hegemon forever. That is definitely not the case. Should there be a serious regional conflict where US weapons systems appear to have feet of clay, like we saw in the recent Pakistan vs India, and the 12 day Israel/Iran war, expect an acceleration in the flight away from US weapons, and a corresponding flight away from the US dollar.