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MacroVoices #323 David Rosenberg: The Fed Put Has Expired
Macro Voices
HK Dollar Index Breaks Higher - What's in Store?
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Dollar index breaks to levels that we haven't seen since two thousand and two. If this break is sustained, then i say there's still much higher to go. The outcome of this conflict between the super powers could be loss of dollar hegemony long term. A growing number of people around the world who are very strongly incentivized to create one. Once that violable alternative to the us Dollar emerges, i predict rapid adoption by everyone on earth except the us Government.
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