Don’t know how to tell people this, but the world doesn’t really need America to be the country everyone relies on. We may be better off with diversity. Increase your international exposure.
True. But the US want to remain the country everyone relies on if it wants to preserve the dollar as the world's primary trade, reserve and settlement currency.
Dollar dominance gives the US disproportionate leverage over global finance and allows it to shape the rules of the system. Absent this asymmetry, it is difficult to imagine US tariffs or financial pressure (or any kind of pressure) would carry comparable global impact.
Totally - it is the best outcome for the world. As an American, it is sad to see the loss of status, power, everything that is coming our way in the near future.
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What are you talking about? The US navy protects the commercial shipment routes around the world.
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