The Pandemic Is Shaking the Dollar’s Supremacy
After three years of US President Donald Trump abusing America's dominant position in the global monetary and financial system, his administration's disastrous response to the COVID-19 pandemic will further erode faith in the dollar. And if the days of America's "exorbitant privilege" come to an end, so will much else.
SANTA BARBARA – With the onset of the COVID-19 crisis, the United States seems to have developed a severe case of what psychologists call dissociative identity disorder: it is simultaneously projecting two distinct personalities.