De-dollarization & the yuan rising
It seems almost every year the US needs to make a drastic deal in Congress to avoid hitting a debt ceiling. But how long can this go on? Will the dollar maintain its hegemony for much longer? And if the dollar crashes, will the US be able to continue printing itself into an exponentially increasing debt responsibility? As this process occurs, other currencies like the ruble, the yuan, and the rupee are looking to take center stage in international trade deals. In this episode of The 360 View, Scottie Nell Hughes sits down with global financial expert & analyst Tom Luongo to discuss the long-anticipated demise of the US dollar and the geopolitical fallout it will have.