Latest / Thoughtful Money with Adam Taggart
Fourth Turning To Turn The Dollar Into A Wrecking Ball? | George Gammon
After bottoming early this year, the US dollar has been on a tear.That has created a lot of pain for many countries around the world, as many imports priced in dollars have risen in response to the Iran war oil shock AND the increase in the dollar.It has been a double-whammy for them.A triple-whammy actually, when you take into accounts the cost of servicing any dollar-denominated debts.And this could get worse as the Fourth Turning plays out, warns macro analyst George Gammon. Should the dollar strengthen further, it will be a wrecking ball for much of the current system.
WORRIED ABOUT THE…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.