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“The great American (#USA) cultural and economic #hegemony that has lasted for more than 80 years is coming to an end.

America's global economic #leadership was formalised in 1944, when 730 delegates from 44 allied nations met at the Mount Washington Hotel, in Bretton Woods, New Hampshire, and agreed to base the global trading system on the #USDollar, which would in turn be pegged to #gold.” — Alan Kohler

An simple example. Yesterday sitting down catching up and talking to my neighbour, electric cars come up and the US variety was booed (guess which one) , the CH version lauded (BYD). The world is routing around the USA economically, right now.

#Australia / #AlanKohler / #economics <https://abc.net.au/news/2025-04-07/tariffs-trump-world-will-move-on/105143574>