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 abroad

We have usually been able to do this on favorable terms

That window may be coming to a close

There could be a 35% drop in the dollar over the next 2-3 years

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