Since since the asian crisis, all emerging markets savings have basically flown into the western world. So we move to a world where, all of a sudden, instead of having one currency, we move to to many different currencies. That brings me to what i think is the single most important thing going on to day that most people aren't taking enough time to about, and that's de globalization.
MacroVoices Erik Townsend and Patrick Ceresna welcome Gavekal co-founder Louis-Vincent Gave to the show. Louis has a different take on the impact of U.S. seizure of foreign-owned assets, and he also shares his outlook for bonds, the dollar, stocks, and precious metals. https://bit.ly/3G5dOmI
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