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The World Economy Is Becoming Wary of the US
Foreign governments are reducing Treasury holdings and moving gold from U.S. vaults as debt, sanctions and policy concerns weaken confidence, officials said.
WASHINGTON — Global investors are balking at U.S. bonds. Talk of the dollar’s dwindling power is getting louder. Foreign governments are hauling their gold out of American vaults.
Although it remains the largest global economy, its position as a pillar of stability begins to crack, as the Trump administration accumulates debt and tightens sanctions
Geopolitical factors and the transformation of the dollar into a weapon by the US through financial sanctions are causing central banks and other institutional investors to try to diversify