Socio-Economics History Blog
Socio-Economics History Blog
Day: April 19, 2023
De-Dollarization Is Happening at a ‘Stunning’ Pace, Jen Says
De-Dollarization Is Happening at a ‘Stunning’ Pace, Jen Says by https://www.bnnbloomberg.ca/ (Bloomberg) — The dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves, according to Stephen Jen. – The greenback’s share in global reserves slid last year …
World on Brink of Financial Crash as BoE Warned It’s Days Away from Sparking Recession
World on Brink of Financial Crash as BoE Warned It’s Days Away from Sparking Recession by JON KING, https://www.express.co.uk/ EXCLUSIVE: Stubbornly high inflation suggests the Bank of England may have to hike its interest rate again in the near future, according to an expert. – A global financial crash is on the cards if interest …
The Bond Market Just Sounded The Alarm on US Default Risks, And a ‘Cataclysmic’ Debt Ceiling Crisis Could Hit Next Month
The Bond Market Just Sounded The Alarm on US Default Risks, And a ‘Cataclysmic’ Debt Ceiling Crisis Could Hit Next Month by fdemott@insider.com (Filip De Mott), Markets Insider, via www.msn.com * Three-month Treasury bills saw their highest yield since 2001, as debt ceiling concerns grow. * The Treasurys would mature around when the US government …