#NEWS The Strait of Hormuz is under threat: could the dollar falter? Geopolitics is once again influencing finance—and this time, it's serious. Bridgewater Associates founder Ray Dalio warned that the situation around the Strait of Hormuz could hit the dollar's position 💵 🚨 What's the risk? According to Dalio, if the US fails to control the key shipping route, it will be a sign of weakness: 📉 A decline in confidence in the dollar 🌐 A weakening of US global influence 💣 The risk of losing reserve currency status 👉 He even compared the current situation to crises that led to the collapse of entire empires. 🛢 Why is the Strait of Hormuz so important? The Strait of Hormuz is one of the world's main energy routes: Approximately 20% of the world's oil passes through it. Any blockage = a shock to the markets. 📊 Moreover, a scenario is being discussed in which oil payments could be made in yuan—and this would directly challenge the dollar. 🧠 What other experts say Balaji Srinivasan believes the consequences could be even more widespread: the end of the petrodollar era ⛽️ the transition to a multipolar world 🌏 rebuilding the global financial system 📉 Pressure on the economy is already growing Mark Zandi, chief economist at Moody's Analytics, warns: the risk of a recession is already around 50% 📊 rising energy prices are increasing the pressure historically, fuel price spikes often lead to crises 💡 What does this mean 📍 Local conflict → global consequences 📍 Energy directly affects currencies 📍 Confidence in the dollar depends not only on economics but also on geopolitics 💭 Conclusion: The situation around the Strait of Hormuz is not just a regional conflict. This is a potential trigger for a restructuring of the global financial system ⚖️ ▶️This is James | This is Serj