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Ernst Zahrava's avatar

The message of the broadcast was, I believe, that with his economic warfare, Trump is scaring other countries away from the U.S. dollar and market. Because of his actions, other countries will find alternatives to them. Therefore, it follows logically that because of Trump, the US will lose its dominant position in the world, and if it wasn't for him, it wouldn't.

I think the first link of the logical chain is missing here. Because of other countries challenging US dominance, Trump has started his struggle, which may or may not save US dominance. The struggle started long before Trump and has been going on in a latent state. It can't be otherwise. Every time there is a leader, and every time a new challenger rises up to challenge him. That's the way it was, is, and will be.

To suggest that if Trump hadn't started his revolt against the system, then no one would be attempting to switch to another currency is not correct. If Trump does nothing, then the US will step down as a leader and everyone will switch to another currency, the yuan.

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