Ret. Col. Douglas Macgregor on Friday warned we are seeing the end of the dollar-dominant global economy in an interview with FOX News host Tucker Carlson. "I think we're seeing the end of the dollar-based global economy," Macgregor said. "We've weaponized the global monetary system that we largely dominant and control. Now India, China, Iran, many others countries, not just Russia, people in Latin America are beginning to say why should we do business with these Americans? Why do we have to do business with the dollar? So dollar-denominated business is very much at risk." "But we are lagging a little bit behind as you point out with the Europeans. But the same crises are coming in our direction. When food, fuel, and medicine become either too expensive or scarce things begin to fall apart and this government has no answers. Here's the bad news. The probable successors to this government and the United States and the governments of Europe they also don't have answers. These problems run deep," he said.