Part 6/10:
Should the BRICS and other Asian economies fully execute their plan to withdraw from US assets—potentially up to $7.5 trillion—the economic repercussions for the United States could be catastrophic. Such a large-scale exit could:
Lead to a sharp decline in the dollar's status as the world's reserve currency.
Trigger higher interest rates within the US as the demand for US Treasuries diminishes.
Accelerate the weakening of the dollar, increasing inflation and borrowing costs domestically.
Undermine America's financial influence globally, affecting everything from foreign diplomacy to military aid.
Compel the US to confront a shrinking ability to fund its burgeoning debt, with implications for domestic programs and economic stability.