BREAKDOWN: Does COVID-19 Have The World Rethinking Dollar Supremacy?

On this episode of Long Reads Sunday, we look at Professor Stephen S. Roach’s piece “The Covid Shock To The Dollar.”

This episode is sponsored by Bitstamp and Crypto.com.

In it, he argues:

Americans have been squandering their savings potential Because of this, we are forced to borrow surplus savings from abroadWe have usually been able to do this on favorable termsThat window may be coming to a closeThere could be a 35% drop in the dollar over the next 2-3 years

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