US Dollar Status as Global Reserve Currency Edges Down Further by Wolf Richter • Apr 1, 2019 • 83 Comments Is the euro dead yet? And how is the Chinese Renminbi doing?
Transition to Cashless Society Could Lead to Financial Exclusion and System Vulnerability, Study Warns by Don Quijones • Mar 14, 2019 • 68 Comments “Serious risks of sleepwalking into a cashless society before we’re ready – not just to individuals, but to society.”
US Dollar Hits 52-Week High in Cleanest-Dirty-Shirt-Syndrome on New ECB Stimulus, as Old ECB Stimulus Fails to Stimulate by Wolf Richter • Mar 7, 2019 • 46 Comments The real worry is the economy in the Eurozone.
US Dollar Status as Global Reserve Currency? by Wolf Richter • Dec 31, 2018 • 115 Comments To diminish the dollar’s role as a global reserve currency, central banks would have to dump the dollar. So, let’s see.
Backlash Against War on Cash Reaches the Bank of Canada by Don Quijones • Oct 20, 2018 • 42 Comments A cashless society could have “adverse collective outcomes.”
US Dollar & Emerging Market Stocks: Big-Fat Gains Turn to Big-Fat Losses by Wolf Richter • Oct 9, 2018 • 37 Comments “The tide is going out and investors are starting to worry about which EM economies have been swimming naked.”
US Dollar Refuses to Die as Global Reserve Currency — But Loses Ground by Wolf Richter • Sep 30, 2018 • 63 Comments Chinese RMB gains, but is inconsequential as central banks remain leery. Euro hangs on.
Turkey’s Debt & Currency Crisis Morphs into Financial Crisis as Banks Face Funding Squeeze by Don Quijones • Aug 30, 2018 • 27 Comments “Substantial Increase in the Risk of a Downside Scenario”: Moody’s
What the Heck Just Happened in Argentina? by Wolf Richter • Aug 30, 2018 • 66 Comments Central Bank Hikes to 60%, Peso Collapses 24% in 2 Days, Macri Begs IMF for Faster Bailout
“Asia Will Be the Next Source of Downside Systemic Risk for Financial Markets” by Wolf Richter • Aug 16, 2018 • 35 Comments Emerging Markets turmoil: The price of cheap debt & misallocation of capital.
