The Intelligence from The Economist
The buck stops here? The threats to dollar primacy
Apr 15, 2025
Henry Kerr, the Economics editor at The Economist, dives into the precarious status of the U.S. dollar as the world’s dominant currency. He discusses the rising bond yields and the growing mistrust among investors that could lead to a shift in reserve currencies. Additionally, Kerr highlights France's young far-right leader, Jordan Bardella, and the challenges in Hong Kong’s taxi industry amid efforts to revitalize tourism. These insights reveal a complex landscape of economic and political dynamics shaping global finance.
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Quick takeaways
- The declining trust in the U.S. dollar, evidenced by falling bond prices and yields, raises concerns regarding its future as the world’s reserve currency.
- Jordan Bardella's rise in French politics signifies a generational shift in leadership within far-right movements, appealing to voters through his relatable background and social media savvy.
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