The Elephant in the Room: Everyone's pain when the U.S. Dollar devalues again...

By B.Y. Leo

International Finance should not be a subject within the confines of Wall Street. Whatever happens in International Finance impacts everyone on Main Street. Hence, this book draws a reader into a currently important issue facing the world:

Will the status of the United States Dollar (USD) as World's Reserve Currency be diminished or replaced by another currency? What will be the impact on global economy and the repercussions on every one of us? How should individuals, financial institutions, sovereign nations prepare for the demise of USD which appears imminent?

This book will start by uncovering the past, highlighting key events that shaped the decision made by political leaders which led to the current state of being today. Through this, one can develop a better understanding of what had happened and why it happened. Following this, we detail some notable present-day rumblings in international financial markets to help us infer how this USD demise saga will unfold. It will present possible scenarios, postulate what nations might do to alleviate the aftermath of the "USD Elephant being kicked out of the room".

It will conclude with a discussion on how major financial centres of the world will be impacted if USD gets toppled, explore the credible contenders worthy to take USD's place and urges readers to prepare for the USD demise. Is it the Chinese Reminbi, Euro, Japanese Yen or Crypto-Currencies or a basket of Gold and other precious metals? That's what this book aims to do,
Understanding the past, Observing the present, Inferring the future.

• Format: Paperback
• Language: English
• ISBN: B0F8MV4154
• ISBN13: 9798283607719
• Release Date: May 2025
• Publisher: Independently Published
• Length: 120 Pages
• Weight: 0.33 lbs.
• Dimensions: 0.3" x 5.5" x 8.5"