After dollar

Brazil and China recently concluded the agreement on a currency swap on some billion dollars that, as expected, will promote dedollarization in the neighboring countries of United States of America, namely in Latin America. This one of the main testimonies of geopolitical and geoeconomic importance of the Western hemisphere in a context of rivalry of great powers. But it is important to moderate enthusiasm and to keep objectivity. The US dollar can look the walking dead person, but it still keeps standing and will long keep, the expert Emanuel Pyetrobon writes...