Flight from the Dollar Could Wreck America’s Finances

Flight from the Dollar Could Wreck America’s Finances

The Economist: “In 1990s Japan the worst days of a market crisis brought about a ‘triple yasu’ loss: a fall in stock markets, a rise in bond yields and a declining currency. It is now America that must stomach this noxious combination. Although President Donald Trump’s tariff pause provided a brief respite, the triple yasu has made an unwelcome return…” “In Japan the triple yasu was associated with national decline. Yet a flight from all America…

A flight from the dollar could wreck America’s budget

The currency’s dominance enables very high debts and deficits, meaning a plunge might spell disaster | Finance & economics

America's Trillion-Dollar Time Bomb: How Reckless Spending and Alarming Debt Could Cripple Our Future

Whether it’s deporting college students, decimating federal agencies, Signal gate, threatening Greenland, or suggesting that gorging on Vitamin A will stop the surge of measles, you have to wonder what is the administration attempting to do? Are there plans that make rational sense, or what is all this distraction and obfuscation about? What concerns me is the tax plan that House Republicans included in last week’s budget negotiation but yet the…

A flight from the dollar could wreck America's budget

The currency's dominance enables very high debts and deficits, meaning a plunge could spell disaster

Uncertain, variable, childish US policies are causing a flight from the dollar. The USD has reached a three-year low against the Euro. Read More: Fund Managers' Dollar Warning Could Hit Cryptocurrencies