Here's stuff EJ. For some reason investors are trying to decide whether to be convinced.
https://www.reuters.com/markets/currencies/market-how-us-is-daring-world-find-dollar-alternative-2024-06-10/From articles is in quotes
1: "The United States is merrily chipping away at the pillars that hold up the dollar as the world's reserve currency, with the latest blows coming from some powerful Americans questioning the rule of law following the conviction of Donald Trump."
2: "And the West is pushing the envelope further. The financial executive said the discussion that the West might seize some $300 billion of sovereign Russian assets that were blocked over Ukraine undermined the United States' safe haven status. "The West crossed a Rubicon there," the executive said."
Note that the executive may have fallen victim to an information operation. See recent ISW reports such as towards the end of
https://www.understandingwar.org/backgrounder/russian-offensive-campaign-assessment-june-7-20243: "A major investor based in Asia said potential threats to U.S. institutions were also worrying. Any debasing of the Federal Reserve's authority -- as Trump allies are reportedly contemplating -- would affect the dollar’s credibility, the investor said, adding that such a development could see a double-digit depreciation of the currency."
There is lkely heavy propaganda telling people to have a Trump scenario, probably in hopes that they may be convinced to react to what he says to some degree just in case he would win.
4: "An Asia-based investor said he was watching another court case closely to test the strength of the rule of law: ByteDance's challenge of a U.S. ban on TikTok. He is watching for the evidence that the U.S. government would produce to back up claims of the app being a national security threat."
How my fat guy stuck in internet bookmark folder relates to this.