Stephen Roach: Why I was wrong on the dollar’s collapse … for now
Yale economist Steven Roach revisits his 2020 prediction of a dollar collapse and explains why he got it perfectly wrong. Those predicting the imminent demise
Yale economist Steven Roach revisits his 2020 prediction of a dollar collapse and explains why he got it perfectly wrong. Those predicting the imminent demise
Were he around, Adam Smith would marvel. All this talk of a “strong,” “weak,” or as is often said lately, a “mighty” dollar. Wait, what?
One used to read about the demise of dollar in the newsletters of monetary cranks; now we read about it in research reports by Credit
Let’s assume that by the end of this year a combination of social distancing and some new and effective treatments convert covid-19 from existential threat
The dollar collapse thesis – which ends with all fiat currencies achieving their intrinsic value of zero — doesn’t preclude some thrills and chills along
A while back a reviewer dismissed the idea of a dollar collapse by asking “Collapse against what?” His argument was that the other major currencies
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