USD Based World Trade System will soon End

JcollinsEconomics, Premium POM

There is one undeniable fact.  The current world trading system is based on the international role of the USD.  As the primary reserve currency which is accumulated in the foreign exchange reserve accounts of central banks around the world it has been positioned for seven decades as the “must have” currency.

So when US officials begin to threaten a trade war with China, or remove China from the SWIFT international payment system, as well as suggest that the current trade system is unfair to American workers and has to be changed, those who understand the structure of that system can make some accurate educational predictions on what will come next.

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