‘Doctor Doom’ says US dollar reign is ending ...News

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‘Doctor Doom’ says US dollar reign is ending
A bipolar currency regime is likely to replace the current greenback-based unipolar one, famed economist Nouriel Roubini has predicted The US dollar’s status as the world’s main reserve currency is in jeopardy, renowned economist Nouriel Roubini, who predicted the global financial crisis of 2008, wrote in an article for the Financial Times on Sunday. While no currency is yet capable of replacing the greenback on the pedestal altogether, the US currency is quickly losing its competitive advantage to the Chinese yuan, Roubini said. “Given the increased weaponization of the dollar for national security purposes, and

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