Part 3/6:
In the current geopolitical climate, the fundamentals underpinning the U.S. dollar and the International Monetary Fund's Special Drawing Rights (SDRs) are looking more precarious than ever. The U.S.-China relationship has been deteriorating, wars in Europe and the Middle East are escalating, and the threat of climate breakdown looms large. Meanwhile, the U.S. national debt is spiraling out of control, and the rise of the BRICS nations and the dollarization movement suggest the decline of U.S. hegemony.