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Essay: The terrible track record of forecasters predicting rapid de-dollarization and/or the imminent demise of the U.S. dollar (view source)
Revision as of 16:22, November 11, 2026
, Wednesday at 16:222026: Russia's push to replace the U.S. dollar with China's yuan collapses https://www.tradingview.com/news/seekingalpha:b71c35257094b:0-russia-retreats-from-china-s-yuan-as-u-s-sanctions-bolster-dollar/
• Geopolitical Safe-Haven Demand: Regional conflicts and energy market pressures periodically elevated safe-haven flows into U.S. assets.
• Geopolitical Safe-Haven Demand: Regional conflicts and energy market pressures periodically elevated safe-haven flows into U.S. assets.
== 2026: Russia's push to replace the U.S. dollar with China's yuan collapses ==
2026: Russia's push to replace the U.S. dollar with China's yuan collapses.[https://www.tradingview.com/news/seekingalpha:b71c35257094b:0-russia-retreats-from-china-s-yuan-as-u-s-sanctions-bolster-dollar/] Russia has sharply reduced its reliance on China's yuan for international trade as U.S. sanctions discourage Chinese banks from processing transactions.
This deals a setback to Beijing's ambitions to expand China's yuan global role. First, China’s share of global GDP has fallen in nominal terms from 18 to 16.5 per cent, while the US share has risen to 26 per cent and now this! [https://www.ft.com/content/0dbbef33-059b-4ec9-b504-31f37a0c4053?syn-25a6b1a6=1] USA! USA! USA!
"Cross-border payments between Russia and China now carry fees and commissions averaging 15% to 20% of transaction values, according to logistics provider STT Logistics. Meanwhile, the yuan has slipped to fifth place in global payments tracked by SWIFT, although Chinese officials maintain that transactions through China's domestic payment network demonstrate broader international adoption."[https://www.tradingview.com/news/seekingalpha:b71c35257094b:0-russia-retreats-from-china-s-yuan-as-u-s-sanctions-bolster-dollar/]
== 2025: U.S. dollar typically weakens during trade negotiations. US Deputy Treasury Secretary Michael Faulkender said he expects “a lot more deals” ==
== 2025: U.S. dollar typically weakens during trade negotiations. US Deputy Treasury Secretary Michael Faulkender said he expects “a lot more deals” ==