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As Taleb sees ‘Black Swan’ for dollar, these 3 threats can shatter global economy
Renowned statistician Nassim Nicholas Taleb sees countries globally using the dollar only for transactions and not wanting it for storage purposes. While the dollar continues to be the leader in global trading activity, it may face a slow and inexorable decline going forward. According to Taleb, US confiscation of Russia’s dollar assets post-Ukraine war has shaken investors’ confidence in dollar.