• WalnutLum@lemmy.ml
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    11 days ago

    Unfortunately as long as the US remains the global financial hegemon through the dollar, it’ll continue to be the most lucrative place to obtain assets globally.

    Double Unfortunately the dollar is probably going to reach 1985 plaza accords levels of strength vs other currencies, but without the global economy working together to help the US like it did before.

    An overly strong dollar will likely destroy the US’s ability to export goods.