Davos Delivers the Final Blow to Dollar Dominance At the World Economic Forum's 2026 meeting in Davos, Canadian Prime Minister Mark Carney issued a sobering declaration: the global financial order anchored by U.S. dollar supremacy is fracturing, not transitioning. This wasn’t a fringe comment or speculative opinion—it came from a former central banker now leading one of the G7 nations. Carney’s warning is backed by hard data: according to IMF figures, the U.S. dollar’s share of global foreign exchange reserves has fallen from over 70% in 2000 to just under 58% in recent years, the lowest level since records began. In that context, Davos Ends Dollar Dominance not as a slogan, but as a public acknowledgment by global elites that…
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