The frightening world without the dollar
What will the global economy look like if it loses its monetary anchor?
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An ever riskier world economy
Trump’s tariff war brings with it unpredictability and a consequent loss of confidence
The dangers of stablecoins
They are no substitute for money, even if usage is growing fast
When financial and geopolitical waves collide
We are living in a ‘barbell’ world where international threat meets technological opportunity
Don’t be fooled — everything has changed for the global economy
Damage caused by US tariffs has so far been muted but that won’t last
Interest rates are normal, the world is not
Given all this fragility, recessionary or inflationary shocks — or even both together — are conceivable
The fracturing of the world economy
Will the US or China abandon their current follies sooner?