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Here comes the wrecking ball as everyone is chasing after dollars everywhere.

Brazil's President Lula traveled to Shanghai to finalize bilateral engagement bypassing the US dollar. This is not de-dollarization, rather an acknowledgement the eurodollar system is in a crisis. And that means the dollar goes up, probably way up, wrecking everything along the way. Can't blame Brazil (or China) for trying to dodge it.

Eurodollar University's Money & Macro Analysis

Bloomberg: Hedge Funds Go All In on Dollar, First Time in Over a Year

https://www.bloomberg.com/news/articles/2023-04-17/hedge-funds-go-all-in-on-dollar-for-first-time-in-over-a-year#xj4y7vzkg

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