Doomsayers think the US dollar is under threat. They’re wrong.

Russia and China have spearheaded the de-dollarization movement over the past year. Kim Kyung-Hoon/Reuters Doomsayers have warned that the US dollar is under threat. They think that the greenback’s share of international reserves will dwindle as countries turn to alternatives like the Chinese yuan. Here’s why they’re probably wrong about the de-dollarization movement. A growing number of doomsayers think that the US Dollar is under threat from rival currencies. That includes top economists Mohamed El-Erian and Paul Grunewald, both of whom have warned about the greenback’s longer-term health in recent weeks, as well as Tesla CEO Elon Musk (who, based…