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The Risks of Currency Shift for Private Equity Investors
The last time the world had a system like this, aside from the whole ending with World War I, it was a period of massive, robust industrialization and innovation. We look at post-globalization as almost like plate tectonics. The Western response to Russia's invasion of Ukraine is one of those tectonic changes. It made countries that didn't want to have their policy dictated by the US and Europe uncomfortable with using their currencies or trade.