Will the global financial system collapse if the dollar is abandoned as a reserve currency?

No, the US is only scary. Dedollarization is a long process.

If the dollar ceases to be the dominant world currency, the US will lose significant economic influence on the world stage. This will weaken their geopolitical positions.

The absence of a worthy alternative to the dollar in international settlements has led to a distortion in the foreign exchange market, which is expressed in the fact that when the dollar rises in price, most of the world's reserve currencies become cheaper, and vice versa. The world of currency and financial markets, accustomed to such an order, may not be ready for the fact that the credibility of the American will ever be lost forever.

Why is the global abandonment of the dollar so dangerous for the US.

The decline of the dollar - and with it America

The collapse of the dollar and the future of the yuan.

Is the collapse of the dollar inevitable?

How to speed up dedollarization?

Trade resources for local currencies, tie prices to gold or rare metals, trade only your own securities on the market, make the currency freely convertible

If Beijing wants to make the yuan the world's reserve currency, then it will have to first go for financial liberalization. In theory, the dollar can also be replaced by a system that is not based on a specific national currency. In this case, gold or cryptocurrencies can become a universal means of payment.

If investors begin to massively get rid of dollar assets and return the American currency to their homeland, this will provoke a surge in inflation in the United States and a potential debt crisis. The problems of the USA will spread to the financial markets, which are still dependent on the dollar, and will cause a new round of the global economic crisis.

Is collapse inevitable? Can the Ukrainian crisis deprive the dollar of its reserve currency status?

When will Israel's war with Hamas end?

The truce will be concluded in early 2025

In the end, the United States tells Israel to end the war after the elections, reinforcing this demand by stopping the supply of weapons and stopping financing. The problem for the Biden administration is that it cannot twist the arms of Benjamin Netanyahu's government too much, because in an election year this could reduce Joe Biden's own chances of re-election, since the Israeli lobby has strong positions in the American elite.

The Israeli military leadership makes it clear that the war is far from over. The country's authorities insist only on a temporary pause in hostilities, after which they will be ready to resume the offensive, and then only after pressure from the United States. Also, Israel does not have a clear plan for what will happen to the Gaza Strip after the end of hostilities. The head of the Israeli National Security Council, Tzachi Hanegbi, has already announced the prospects of war with the Lebanese Hezbollah group after the successful fight against Hamas. A war with Iran is also possible.

Will there be a nuclear war?

No

In 1994, the USA, England, France, and Russia concluded an agreement to cease the production of fissile materials for nuclear weapons. China did not sign the agreement but committed to comply with it. Israel also did not sign the agreement but stopped producing nuclear weapons in 2004, retaining the right to resume production if necessary. India, Pakistan, and North Korea, of course, did not sign the agreement. This agreement is perpetual, and its provisions came into effect in 1997.

Plutonium-based nuclear weapons have a shelf life of 18 years. 1997 18 years = 2015. Also, striking military targets, rather than cities, is the priority of a nuclear attack.

WHY THE US ELITE IS NOT AFRAID OF A NUCLEAR WAR WITH RUSSIA. I'M TALKING ABOUT RUSSIA AND THE USA.