Concerns mount over financial stability as US dollar falls and gold price soars
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Source (YouTube): Professor Richard Wolff — Coming Economic Crash Will be WORSE Than Great Depression
Trump aides weigh proposals to undermine Hong Kong’s dollar peg, United States News & Top Stories
The possibility of the Hong Kong dollar peg’s demise has become a focus of major financial bets including by Hayman Capital Management founder Kyle Bass, who started a fund last month making wagers on a collapse in Hong Kong’s currency peg, according to people with knowledge of the matter.
American Exceptionalism Is on the Ropes and the End of the Petrodollar Is Nigh
From the border wall rhetoric to trade wars, Trump is effectively setting up the implosion of the dollar and couching it as pseudo nationalistic populism.
A Crash in the Dollar Is Coming
(Bloomberg Opinion) — The era of the U.S. dollar’s “exorbitant privilege” as the world’s primary reserve currency is coming to an end.
Expert who called the 2008 crisis says the signal to sell stocks is coming soon
He said no printing of money — by the Federal Reserve — would solve what he described as a “structural” problem. “All attempts to create more money to solve the dollar standard issue tend to devalue all fiat versus gold. Gold is rallying on debt deflation probabilities.”
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