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Does COVID-19 Have The World Rethinking Dollar Supremacy?

Does COVID-19 Have The World Rethinking Dollar Supremacy?

FromThe Breakdown


Does COVID-19 Have The World Rethinking Dollar Supremacy?

FromThe Breakdown

ratings:
Length:
10 minutes
Released:
Jul 12, 2020
Format:
Podcast episode

Description

On this episode of Long Reads Sunday, we look at Professor Stephen S. Roach’s piece “The Covid Shock To The Dollar.” In it, he argues: Americans have been squandering their savings potential  Because of this, we are forced to borrow surplus savings from abroad We have usually been able to do this on favorable terms That window may be coming to a close There could be a 35% drop in the dollar over the next 2-3 years
Released:
Jul 12, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.