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De-dollarization is a nagging agenda that the global nations have been vying to achieve for as long as one can remember. The idea of de-dollarization refers to reducing one’s reliance on the US dollar, with nations trying hard to derail the US dollar, snatching away its reserve currency status. But the tables have now started to turn. With Donald Trump leading the charge of the US, his aggressive policies and procedures have the power to end this de-dollarization “nuisance,” establishing a new world order in the process for others to follow. Here’s how he may bolster the US economy in three ways, ending the rising de-dollarization rumors. Also Read: GTA 6 Leak: John Cena’s Heel Turn + Will Villains & Sea Monsters Rule? Three Ways Through Which Trump Can Bolster the US Economy And The US Dollar 1. The President’s Tariff Plan To Bolster US Dollar Source: Rollingstone By now, the world is fully aware of Donald Trump’s aggressive tariff policy. Donald Trump is trying hard to strengthe...

$9 trillion asset management company BlackRock says the Federal Reserve’s interest rate cuts will not be as deep as the market expects. BlackRock Investment Institute wrote in a note Monday that a resilient economy and inflation remaining sticky may hamper the Fed from making a steep interest rate cut. JUST IN: BlackRock says the Federal Reserve's interest rate cuts will not be as deep as the market expects. — Watcher.Guru (@WatcherGuru) September 16, 2024 The Federal Reserve will decide this week whether it will cut interest rates for the first time in four years. The US has been fighting a difficult battle with inflation since the end of the COVID-19 pandemic. That battle temporarily led to a year-long streak of interest hikes monthly. However, it is expected that the Fed will finally make its first cuts, after leaving interest rates unchanged throughout the summer. BlackRock wrote that a reduction in interest rates of this magnitude reflects recession fears that are over...

With the BRICS bloc embracing de-dollarization initiatives on a global scale, one finance expert has warned of an impending economic crisis, saying the US is “going broke.” Indeed, Rich Dad, Poor Dad author Robert Kiyosaki expressed his concern with the country’s direction. Specifically, pointing out the beginning of what could be a horrid domino effect. The US economy’s fragility has been well documented. With the Federal Reserve likely to cut the country’s interest rates—currently at a 23-year high—in September, the concern is warranted. Yet, Kiyosaki expressed the potential for it to get far worse in the coming months. Source: Watcher.Guru Also Read: New European Country Ready To Join BRICS Alliance in 2024 Finance Expert Warns of US Economic Collapse Amid BRICS Opposition The BRICS has been the focal point of geopolitics in the last several years. Expansion efforts and currency development projects have defined its ambitious stance. Moreover, a crit...

The US economy is heading towards its own death spiral as new metrics indicate slow progress on the vertical. With the budding BRICS and ASEAN alliances spearheading the multipolar currency agenda, the US dollar continues to invite new foes. At the same time, the US economy’s debt metrics are also levying heavy pressure on the vertical, adding more fuel to the fire. The US Economy Is Slowing: Details Source: Market Realist Per the latest assessment uploaded by the Kobeissi Letter on X, the US economy is showing signs of gradual decay. For instance, the snippet uploaded by the expert on X outlined several markers indicative of a slowing US economy. The platform first outlined the US service activity metrics, indicating how the sector contracted in June “at the fastest pace” post-pandemic. The US service activity metrics denote the health of the service sector. At the same time, the platform pivoted its attention to display the latest ISM services PMI Index. The index has declined b...

The Saudi Arabian regime is intensifying its efforts to broaden its economic endeavors. Unfazed by the recent petrodollar lapse with the US, the Saudi Arabian regime has reported a trade balance surplus worth $11 billion availed via the nation’s non-oil exports. Also Read: 10 ASEAN Countries To Launch New Currency, Challenge US Dollar: CME Saudi Arabia Is Flourishing Source: iStock.com / azatvaleev Saudi Arabia’s decision to not renew the petrodollar agreement may prove detrimental to the US, but the Arabs seem to be unfazed by the idea. The recent data available from the General Authority of Statistics revealed staggering new details about how Saudi Arabia is flourishing by diversifying its economic frontiers. The data further revealed that the nation has acquired a trade balance surplus of $11 billion, the highest in seven months. The surge in trade balance surplus metrics has been driven primarily by the regime promoting its non-oil exports in efforts to rectify its econ...

The US economy has added $10 trillion in debt since 2020, nearly after Joe Biden took over the Presidency, according to data from the Federal Reserve Bank of St. Louis. The US national debt reached an all-time high of $33 trillion in 2023, experiencing an increase of $2 trillion in a year. The debt limit in January this year stood at $31.41 trillion and steadily rose for nine consecutive months. The debt crisis reflected a looming danger to the US economy as it gave rise to inflation and affected the consumer price index (CPI). Also Read: BRICS Influence in Oil Sector Grows, Puts US Dollar in Danger Source: fred.stlouisfed.org Inflation is up 3.7% this month and needs to fall below 2% for the US economy to cool down. The debt crisis comes at a time when BRICS is looking to dethrone the US dollar from the global reserve. An uncontrolled debt could lead to turmoil in the US economy giving undue advantage for BRICS to move ahead. Moreover, BRICS is ending reliance on the US dollar ...