Geoeconomic views: Dedollarisation and the New Cold War

2026

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AI-generated summary

This report analyzes the ongoing challenges and structural limitations to dedollarization, arguing that despite headwinds, the USD's dominance remains intact due to a lack of viable alternatives.

* Examines the structural features of global trade and finance that maintain USD dominance.
* Discusses political and fiscal headwinds in the US and China's limited structural capacity to challenge the USD.
* Explores the core contradiction of USD dominance as a tool of US power that simultaneously creates economic challenges.

Tags: dedollarisation, USD, new cold war, currency, global finance

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