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the US Dollars position as the worlds currency of choice is about to come under unprecedented pressure due to Twin challenges from China and Russia this is the latest warning from Zoltan pozar an influential Credit Suisse analyst who last year published this article entitled one world two systems is here we need to stop pretending this wont affect the US dollar or demand for treasury Securities everyone there is a seismic shift taking place in global markets with the kova 19 crisis and ongoing war in Ukraine large emerging countries are showing growing discontent against the US dollar and finding ways to diversify their foreign currency reserves as China reopens to the world in 2023 Chinas currency is going to play a much bigger role in our world economy and in todays video Im going to break down some recent world events that show you how federal banks across the globe are hedging against the US dollar and moving towards a more Diversified portfolio of Reserve currencies lets s
