Tech Dollar 2: The War of the Worlds and Fate of the Dollar
Second, the recent escalation of trade tensions coupled with the threat of possible financial tensions, rising US debt levels and a softening of the US exorbitant privilege may have caused some global investors to reassess the extent of their dollar exposure. So far, markets developments have been orderly, with an increase in demand for dollar hedg
... See morePierre-Olivier Gourinchas • Global Current Account Balances Widen, Reversing Narrowing Trend
People are underestimating the existential nature of the relationship between the US and China.
Trump's tariff war is a surface level, tip of the iceberg problem.
All Trump's tariffs did is massively accelerate the inevitable outcome - China directly threatening to overcome the US as the wor... See more
Farzadx.com1990’s-2000’s Dollar Spike
During the 1990’s, several emerging markets began to grow substantially, and began taking on dollar-denominated debt while the dollar was comparatively weak.
Meanwhile, the United States enjoyed prosperity from the Baby Boomer demographic bulge in prime working age combined with the dotcom boom and its associated new mega
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