In addition to US National Debt, the dollar is threatened with some other dangers too. For example, the idea of the refusal of it in the international settlements is wandering around the world. It is especially popular in those countries with which the United States have long and stubbornly maintained an unfriendly relationship. There is nothing easier than to annoy the US, refusing to use their currency in internal and external turnover and even completely prohibiting its circulation inside some country.
It's no secret that the strength of the dollar is supported not only by the economic might of the United States but also by the political expansion that they carry out. Creating hotbeds of instability in more and more regions, the US are strengthening their power, thereby keeping dollar at a high position, and the same time becoming a comfortable refuge for capital accumulated in other countries.
Another surprise was the emerging economic boom in India. This country with more than a billion population is now quickly joining the newest information technologies and in some industries has already outscored its colleagues in the BRICS block. Not only mobile Internet of 4G format will almost everywhere be available in India in the near future - it also quickly switched to digital money and tries to reduce the use of paper bills in its economy.
It's hard to imagine how many trees and time needed to produce and count paper cash will be saved if the entire huge and densely populated India starts using only electronic money which does not require cash registers for its storage and runs on wires with the speed of light. The circulation of money will increase rapidly, which will make it possible to accelerate the transactions, and therefore give a powerful impetus to the development of the economy. From routine mechanical work, an entire army of cashiers and other personnel will be exempted, whose duties included recounting and transporting cash.
Eventually, it would be possible to refuse from ATMs, their maintaining, and protection, what can bring significant savings too. Retail trade, information technology, food industry, educational sphere, and three-dimensional printing are booming in India too. This is due to the development of consumer behavior, the growing use of large amounts of data, artificial intelligence and the Internet of things, the emergence of increasingly busy Indians eating in cafes and restaurants, the great number of young Indians of school and college age, and the appearance of new engineering and medical technologies on the market, which are being developed through the use of the three-dimensional printers. The coming boom is reinforced by the fact that the new generation of Indians, unlike the previous ones, is ready to spend money very generously.
At the same time, an amazing situation develops in the Old World, which today faces a phenomenon called "Brexit" - that is, the March 2019 exit of the UK from the European Union. It would seem that the long-standing issue of exit solved in the referendum now comes back to the agenda, time and again, so during the summer of 2017 it was discussed with a growing drama, and only in September, there was a certain easing of polemical sharpness. The essence of the contradictions arising unexpectedly from the results of the democratic referendum is that a sharp break in the established economic ties will entail a number of problems, and therefore there was a desire to make parting with the European Union as soft as possible, or "seamless," as the British call it.
The main issue around which many spears are being broken today is whether it is possible to implement the exit procedure while keepeing the United Kingdom's membership in a single market and customs union, the conveniences of which are enjoyed by EU members. In opposition, the idea of the so-called hard or "cliff-edge" Brexit is put forward, which should occur simultaneously along the entire line of existing economic relations. This option will inevitably lead to the fact that on the first day after such a sharp separation at the border of the UK there will be inconceivable traffic jams of trucks that carry goods and are no longer able to cross the border according to previous simplified conditions. A growing humanitarian crisis is added to this logistical problem too, as the decision to exit from the EU has questioned the fate of foreign professionals supporting the British economy with their labor.