Hi, excellent article Stephan, I really enjoyed reading it
"if the states and central banks had not saved the money system again in 2008, 99% of people today would complain and scold the states and central banks"
Totally agree with you this.
What do you think are consequences of the US Dollar losing slowly World dominance? Do you think it will continue losing its world currency reserve status?
Thanks!
I appreciate your comments.
Well, I don't see that the USD loses its dominance.
Aren't we hearing that the USD is losing its world dominance for decades now?
The US still has and always will have the most liquid financial markets in the world. Every institution who wnats to invest or trade sends it to the US. I don't see how this is gonna change.
Thank you for your response, would agree with you although Russia, China and others are moving away, even Saudi Arabia might soon sart selling oil in Chinese Yuan.
That said, ive just turned bullish on the dollar
https://steemit.com/money/@fedescolari/stronger-dollar-ahead
Hope you will find it interesting
I never turn bullish or bearish. I'm totally agnostic to the market. That's why I always trade delta neutral.