3min chapter

Odd Lots cover image

Hugh Hendry On Why The World Still Can't Get Enough Dollar Assets

Odd Lots

CHAPTER

The End of the Dollar Regime

The end of the uro dollar regime, as you say, began to break in two thousand seven. That is what the eurydolus system is, is a dollar base collateral. The problem, however, is profound conservatism on the part of banks. If it wasn't for the extreme financial intervention, which i welcome, bid the federal reserve, we would have been talking great depression,. As it is, we're talk about a mild depression. I believe eqty markets are not in a bubble. Or if i was to cavat i'd say, i want to see like 90 % of listed stocks are not inA bubble. And even those which profoundly high valuations,

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