So far the Dollar is the only game in town. The Euro is socialist. So it default, the Dollar is the reserve currency. Other countries are complaining. But it’s not going to happen overnight. So far our economic policies are superior. They’re saying Brazil is the country of the future. But they’ve been saying that since the ‘70s. So I haven’t seen anyone step up to challenge the Dollar. China is going to self-destruct.
The Euro was created for the sole purpose of taking down the dollar and barely left a dent.
It is going to take-the Euros, Asians and BRICS cooperating-something that is about as likely as Biden becoming mentally competent again.
I don’t think the economics are a peril. IMO the real peril are obviously rigged elections, political persecutions and other tyrannical things eroding the underlying trust.