If the United States and its allies impose sanctions on China, this could be the greatest financial mistake in all of modern history. Unlike Russia, China is more resilient and has deeper ties across the global economy. Punishing China will likely backfire against the dollar and unleash a de-dollarization wave that could knock it off the reserve status. Here’s what you must know!

Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake via Sean Foo

Related:

One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China”