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弃用美元改用人民币!31万亿外债压顶,美国霸权还能撑多久?
Sou Hu Cai Jing·2025-09-14 16:43

Core Viewpoint - The article discusses the decline of the US dollar's dominance in global trade and the rise of "de-dollarization" as countries seek alternatives to reduce reliance on the dollar [4][12]. Group 1: Historical Context - The US dollar became the world's dominant currency after World War II, backed by gold under the Bretton Woods system [1]. - The dollar's link to oil transactions solidified its status, as oil sales were required to be conducted in dollars, creating a strong dependency on the currency [3]. Group 2: Global Trends in De-dollarization - Countries in South America, such as Brazil and Argentina, are increasingly opting for local currencies in trade with China, reducing the need for dollar transactions [6][9]. - European countries, including France, have begun using the yuan for energy transactions, indicating a shift away from dollar reliance [7][9]. - ASEAN nations are also promoting local currency settlements, which could significantly reduce costs and risks associated with dollar transactions [10]. Group 3: Middle East Dynamics - The traditional "petrodollar" system is under threat as countries like Saudi Arabia and the UAE explore transactions in currencies other than the dollar, particularly with China [10][12]. - The BRICS nations are leading the charge in establishing alternative payment systems independent of US control, with over half of their trade now conducted in local currencies [12]. Group 4: Economic Implications for the US - The US national debt has reached approximately $37 trillion, with significant annual interest payments that exceed the GDP of many countries [12][15]. - The trend of countries reducing their holdings of US debt in favor of gold or other assets poses a risk to the dollar's status as the world's reserve currency [12][13]. Group 5: Future Outlook - While the yuan's share in global payments is currently low, the trend towards de-dollarization suggests a gradual shift towards a more diversified international monetary system [13]. - The ongoing competition for currency dominance will impact global trade dynamics and economic security for nations, potentially leading to a more equitable financial landscape [15].