Billionaire investor Ray Dalio has reiterated concerns about the USD potentially losing its dominant reserve currency status, citing mounting global debt, trade tensions, and geopolitical shifts. Rising tariffs, especially linked to recent disputes like Greenland, and increased central bank gold accumulation reflect eroding confidence in the USD. The dollar has weakened nearly 10% in the past year, intensifying discussions on de-dollarization and a potential shift in global economic leadership toward China.