from King World News
As we head into the back half of 2020, there is no question this collapse will be a game-changer for financial markets.
The Crisis Goes Up A Gear
June 18 (King World News) – Alasdair Macleod: Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar.
At this stage of an evolving economic and financial crisis, such thoughts are necessarily speculative. But an imminent banking crisis is now a near certainty, with most global systemically important banks in a weaker position than at the time of the Lehman crisis.