Global Debt
USD is being shunned because the United States is insolvent with the world largest debt load and they have weapanized the USD. US dollars flooding back home are going into another ponzi scheme, crypto chps.
To boot, the United States largest global GDP underpinning their debt is predominately the result of financialization not the result of production like China.
https://www.youtube.com/watch?v=w6zut60HQhk