Opinion: Over time, the United States 'share of the world economy is declining
According to online reports, Jeffrey Sachs, an economics professor at the University of Colombia, said in a recent interview that as time goes by, the United States 'share of the world economy is declining, and the US dollar will no longer be the world's main currency. This is unstoppable. The weaponization of the dollar forces other countries to abandon dollar settlement Sachs said that the United States weaponizes the dollar and often uses its dominant position to threaten other countries and interfere with trade. This will force other countries to gradually abandon using dollars for settlement in international trade and switch to other currencies. Sachs also predicted that 10 years from now, the role of the dollar will be completely incomparable to that of the present. (CCTV International News)
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