Hooli dooli, Canada’s PM actively considering the architecture of cross border payment systems! Thats a clear indication that world leaders are moving to reduce the world’s dependence on the USD as the reserve currency. Its also an indication that the VISA/Mastercard near monopoly are in the crosshairs of non-US countrys.

If the Americans surrender one of their biggest strengths, financial preference and dominance, they’re going to find life a lot, lot harder. Paying for extravagances, like aircraft carriers, may become far harder.