- Jim Willie: The End of US Dollar Hegemony
Well, here we are…the unofficial end of summer. It’s Labor Day weekend here in the U.S. which means we are in the midst of a 3-day weekend. And you know what that means here at TFMR! Fresh Jackass for everyone! When Jim and I recorded this back on Thursday, time was somewhat short. So, with this constraint in mind, I asked Jim to focus on two, primary topics:
1. Since we last spoke in July, what changes have occurred in the world of US dollar hegemony? Is the China-Russia-Saudi connection accelerating the demise of the petrodollar system?
2. The current US debt and political situation and how this will increasingly impact global markets as traders return en masse on Tuesday.
Just two topics yet over an hour of audio? Yep, that’s how it works and you’re just going to have to listen to the entire thing if you want to unearth all the nuggets of knowledge that The Jackass has left behind for you.
Enjoy and have a great weekend!