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Author: Crypto Breaking News

Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt

Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve currency will grow much louder,” she stressed. Hillary Clinton on U.S. Debt Default and Dollar Losing [...]

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Economist Jim Rickards Says US Dollar’s Greatest Enemy as Reserve Currency Is the Treasury

Author: Crypto Breaking News

United Kingdom

Source: Crypto Breaking News

Apr 09, 2023 10:35

Economist Jim Rickards Says US Dollar’s Greatest Enemy as Reserve Currency Is the Treasury

Jim Rickards, an economist and the author of “Currency Wars,” says the U.S. Treasury is actually the biggest threat to the U.S. dollar’s status as a reserve currency. However, he cautioned that an increasing number of countries seeking alternatives to the dollar as a payment currency is also “a big deal,” emphasizing: “The dollar is [...]

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Chinese Yuan, Euro, Digital Currencies Challenge US Dollar Dominance, TD Economist Says

Author: Crypto Breaking News

United Kingdom

Source: Crypto Breaking News

Jun 07, 2023 05:50

Chinese Yuan, Euro, Digital Currencies Challenge US Dollar Dominance, TD Economist Says

A senior economist at financial services firm TD says the Chinese yuan, the euro, and digital currencies could erode the U.S. dollar’s dominance. “Several countries have shown frustration with the dominance of the dollar and are pursuing alternatives for conducting international trade and cross-border banking,” he said. Long-Term Trend Is Away From US Dollar, Says [...]

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Renowned Investor Jim Rogers Expects Worst Bear Market in His Lifetime — Says ‘You Should Be Extremely Worried’

Author: Crypto Breaking News

United Kingdom

Source: Crypto Breaking News

Jun 04, 2023 05:50

Renowned Investor Jim Rogers Expects Worst Bear Market in His Lifetime — Says ‘You Should Be Extremely Worried’

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he expects the next bear market to be the worst in his lifetime. “You should be extremely worried. If you’re not, you don’t know what’s going on,” he stressed, adding that there will be trouble in all markets. Jim Rogers [...]

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