Watch out for the fall of the dollar! Stephen Roach, an American economist and lecturer at the Yale School of Management, says the era of the US dollar may be coming to an end and predicts a 35% decline in Uncle Sam's currency against others major currencies, citing the rising national deficit and shrinking savings.

"The U.S. economy has been plagued by long-standing, significant macroeconomic imbalances, namely a very low domestic savings rate and a chronic current account deficit," the former chairman of Morgan Stanley Asia told 'CNBC'. "These problems are going from bad to worse as we go to widen the budget deficit in the years to come."

The specialist also pointed out that the rise of China and the decoupling of the United States from its trading partners are setting the stage for a dramatic weakening of the American currency in the coming years which will probably end the supremacy of the dollar as a currency. world reserve: "the dollar will fall very, very sharply".

Stephen Roach, on the other hand, is more uncertain about the timing of this potential plunge: “a year or two, maybe more”. However, the economist suggests that a crash is virtually inevitable, and it's a risk investors shouldn't ignore: "generally this has negative consequences for US financial assets"