Unilateral US policies are forcing even allied nations to reconsider their 80-year arrangement of investing in US treasuries, using the dollar, and receiving protection, as the traditional dollar hegemony deal is no longer sustainable.
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Even US Allies Are Abandoning the Dollar | Former NY Fed Attorney Kathleen Tyson #shortsAdded:
Then Trump comes back.
And obviously the chaos of the last year, the unpredictable policies, everything being determined unilaterally without consultation, without negotiation, is rapidly forcing even allies to reconsider their position in respective trade and in respective currencies and respective credit and security.
Because the the offer for 80 years has been you invest in our treasuries, you use our dollar and we'll protect you.
But clearly that's not quite the same deal in 2026. So that's where we are.
It's all happening at speed. And it's it's very interesting to watch.
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