A specter is haunting the markets – the specter of a US$4 trillion Treasury funding requirement for 2021. The Fed is now the last buyer standing in the world’s biggest fixed-income market, buying v…
Pretty much the only thing keeping US dollar afloat right now is the fact that it’s global reserve currency. Once countries start divesting then US is gonna crash hard.
Pretty much the only thing keeping US dollar afloat right now is the fact that it’s global reserve currency. Once countries start divesting then US is gonna crash hard.
Have you heard what happens to countries that start to divest the US dollar?
Difference is that you can’t do the same thing to other nuclear superpowers that you can do to a country like Iraq.