For de-dollarisation to truly take root, de-globalisation must precede it. And for de-globalisation to play out meaningfully, a hard economic decoupling between the US and China is inevitable. Only then can regionalism thrive in its full form.
We're living through the slow but seismic shift of an 80-year-old world order. These are fascinating times, where the tectonic plates of global power, trade, and currency are quietly but surely moving.