US dollar at risk of sudden collapse? Ex-IMF official warns ‘blow-up event’ could sink greenback
A fresh stimulus package worth at least US$1 trillion could spell relief for millions of Americans in pandemic, but could raise financial stability risks. Federal Reserve’s aggressiveness in easing financial conditions has succeeded in halting a further decline in the US economy, but that could change if major companies start going bankrupt
Oh ya 4 year ago
When it does collapse that will knock the smile a lot of smug faces. And it has been coming for a long time so it should not be a surprise to anyone that has been paying attention