De-dollarization is happening at a ‘stunning’ pace
I sometimes feel startup founders would understand the issue with &#x27;De dollarizing&#x27; the most.<p>American customers tend to be the best, pay the most so of course the customer base is largest in dollar terms (as opposed to say Euros, or Yuan (practically non-existent customer&#x2F;consumer base)).<p>Looking at it from a strategy or top level point of view of course it looks like dollars are dominant, but from a customer point of view - and the US trade deficit its easy to see why: You have a customer base that is profitable, and a large amount of them. Far more than any other country. It is just very hard to get an alternative to an American consumer.<p>The poor rate of savings, the spending of more than you have, etc results in a pretty good deal for the person on the other side and the manifestation of it is in the accumulated dollar capital