2min chapter

Odd Lots cover image

Zoltan Pozsar on His Next Big Move and the Coming Monetary Divorce

Odd Lots

CHAPTER

The Banking Crisis in Zimbabwe

Zimbabwe is trying to get away from US dollar transactions, which are a pretty big thing in the country. So I think that's why it's important to think about best case countries, so to speak. It feels like let me tell you this. It feels very different from 2008, obviously. The central nervous system of the global dollar system was at risk,. You know, the big banks were a source of strength. But now they're collateral damage either to crypto or tech inflation and inability to underwrite mortgages intelligently.

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