The (Part) Failure Of The Donroe Doctrine
The article discusses the implications of the Donroe Doctrine in the context of U.S. influence in South America. It highlights China's rise as the dominant trading partner in the region, contrasting it with the historical U.S. dominance. The shift in economic power dynamics raises concerns about the future of U.S. influence in global affairs.
- ▪The U.S. show of force in Venezuela is seen as a manifestation of the Donroe Doctrine.
- ▪China has become the top trading and investment partner in almost all South American countries.
- ▪Gold reserves have surpassed adjusted USD reserves for the first time, indicating a shift in central bank strategies.
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