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→Weaponization of the dollar
The ineffectiveness and [[collateral damage]] associated with sanctions regimes invites critics to question whether viable alternatives exist. ...
The ineffectiveness and [[collateral damage]] associated with sanctions regimes invites critics to question whether viable alternatives exist. ...
The US recorded a 933% increase in sanction designations since 2000, meaning that despite their shortcomings, it is likely sanctions are here to stay."</small>www.mishcon.com</ref>]]
The US recorded a 933% increase in sanction designations since 2000, meaning that despite their shortcomings, it is likely sanctions are here to stay."</small> www.mishcon.com</ref>]]
[[Elon Musk]] explained the process of de-dollarization succinctly: "The United States has overplayed its hand in weaponizing the dollar with [[economic sanctions|sanctions]]...You're now seeing a lot of countries de-dollar their transactions because we’ve forced it...And this goes beyond even Russia, China, and [[Iran]]...Countries like [[Brazil]] or [[India]] still want to transact with [[Russia]]...They can’t do it with dollars, so we've forced them to de-dollarize their transactions, thus weakening the strength of the dollar in the world."<ref>[https://www.realclearpolitics.com/video/2023/10/25/elon_musk_the_risk_of_world_war_three_is_increasing_rapidly.html Elon Musk: "We Are Sleepwalking Our Way Into World War Three," "Putting Civilization Itself At Risk"], Posted By Tim Hains, October 25, 2023. www.realclearpolitics.com</ref>
[[Elon Musk]] explained the process of de-dollarization succinctly: "The United States has overplayed its hand in weaponizing the dollar with [[economic sanctions|sanctions]]...You're now seeing a lot of countries de-dollar their transactions because we’ve forced it...And this goes beyond even Russia, China, and [[Iran]]...Countries like [[Brazil]] or [[India]] still want to transact with [[Russia]]...They can’t do it with dollars, so we've forced them to de-dollarize their transactions, thus weakening the strength of the dollar in the world."<ref>[https://www.realclearpolitics.com/video/2023/10/25/elon_musk_the_risk_of_world_war_three_is_increasing_rapidly.html Elon Musk: "We Are Sleepwalking Our Way Into World War Three," "Putting Civilization Itself At Risk"], Posted By Tim Hains, October 25, 2023. www.realclearpolitics.com</ref>