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JP Morgan’s BIG Warning on Future of US Dollar and Timeline For De-Dollarization
The hegemony of the US dollar may be coming to an end, this process has been unfolding for years, but has picked up speed tremendously over the past few years. In this video we review a new report published by JP Morgan, the largest US bank, warning it's clients about the coming impact and fallout from the fall of the dollar as the world's reserve #currency.
To understand how this is happening, we explain the multiple levers of power the USD has, and with those the vulnerabilities. With France now showing interest in joining BRICS and publicly stating it's willingness to stop depending on the US dollar. But above all the most important lever comes from the role of the #petrodollar, which we explain and JP Morgan explains in this report. Along with a timeline of events that have thus far transpired in dethroning the dollar from it's reserve status.
This video is not financial advice.
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