Dollar Dethroned: The Yuan's New Empire

EDITOR'S NOTES

According to Russia’s central bank, the Chinese Yuan has replaced the US Dollar in Russia’s foreign trade. This move is a game-changer, not just a blip on the radar. Russia, squeezed by sanctions, is ditching the dollar, and China’s only too happy to offer the Yuan as the new currency of choice. This is a strategic power play that just knocked the dollar off its global pedestal. The world order as we once knew it is no longer. Like a nuclear blast in slow motion, it’s just a matter of time before Americans and other dollar-holding nations are going to feel the devastating effect of this global regime change.