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American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’

American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U. S. dollar will “crash faster and harder. ” Roach said similar statements during an interview back in June, and his latest commentary stresses that people should “expect the dollar to plunge by as much as 35 percent next […] The post American Economist Stephen Roach: ‘U. дальше »

2020-10-1 22:30


US Dollar Will Crash “Faster and Harder,” Says Pro-Bitcoin Economist

A recent sharp pullback move in the US dollar market is insufficient to log a full-fledged upside breakout. So says Stephen Roach, the former chairman of Morgan Stanley Asia. The pro-Bitcoin economist wrote in an op-ed that the US dollar could fall by as much as 35 percent by the end of 2021 due to strengthening foreign currencies, rapid macroeconomic imbalances in the US, and the end of the American hegemony over global reserve assets. […] дальше »

2020-9-29 11:16