China's Dominance

Lyn Alden discusses the shift in global trade dominance from the US to China and the implications of China's push for a digital yuan. She explains how Triffin's Dilemma and the petrodollar system have contributed to the US running massive trade deficits, hollowing out its industrial base. China's strategic use of the dollar system and investment in hard assets further expands its reach, while the benefits of globalization are limited to a small percentage of the US population.