Bloomberg Businessweek
How America Turned the World Economy Into a Weapon
Feb 26, 2025
Edward Fishman, a Columbia University Professor and sanctions expert, dives into economic warfare and the effectiveness of U.S. sanctions post-Ukraine invasion. He emphasizes the emerging alternatives to dollar dominance, highlighting the crucial future of digital currencies. Oskar Lewnowski, CEO of Orion Resource Partners, discusses recent copper tariff proposals and their impact on global supply chains, while stressing the importance of domestic copper processing for national security amidst rising geopolitical tensions.
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Quick takeaways
- The evolving regulatory landscape for cryptocurrency in the U.S. signals a potential shift towards broader adoption and integration with traditional finance.
- The concept of economic warfare, particularly through choke points, highlights the U.S. strategy in leveraging financial systems to influence global political outcomes.
Deep dives
Regulatory Clarity in the Crypto Space
A significant change has occurred in the regulatory landscape surrounding cryptocurrency in the U.S., indicating that regulatory clarity may be on the horizon. Key political figures from both parties are acknowledging the growing importance of crypto, which reflects a shift towards a more comprehensive regulatory approach. This change will likely unlock benefits for the industry, paving the way for broader adoption and integration into traditional financial systems. As discussions continue, the optimistic outlook suggests that innovations in the crypto space could be met with supportive regulations that foster growth and security.
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