Wednesday, January 31, 2018

Central Banks Shedding US Dollar

The share of euro and yuan in the currency reserves of large central banks is increasing noticeably. Observers expect further exchange rate losses of the dollar.

You can read the rest @
https://deutsche-wirtschafts-nachrichten.de/2018/01/31/schwacher-dollar-notenbanken-verringern-waehrungs-reserven/ [translation required]

When the dollar crashes, so will everything else in the US.

And if you think "our" government is dysfunctional now, wait until the dollar crashes. The shit will REALLY hit the fan when that happens.

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