Currencies Die with a Whimper Not a Bang: The US Dollar Won’t Crumble Overnight
For years I’ve written about efforts underway by Russia, China, and other US adversaries to implement alternatives to the US dollar payment system. Today, the dollar represents 60% of global reserves, 80% of global payments, and almost 100% of global energy purchases.
Threats to the US Dollar Mount…
The death of the use dollar is looming… That’s a dramatic phrase, isn’t it? While that may get your attention, it’s important to realise that the demise[...]
The Fed Have No Clue
In case you’re wondering if the Fed knows what they are doing, I suggest you take a look at their forecasting record […]