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US Dollar May Sink if China Dumps Treasury Bonds. Will It Happen?
The US-China trade war is a fundamental headwind that is continuing to blow the sails of the global economy increasingly closer to a rocky coastline. The IMF, WTO and other notable institutions have cited the conflict as the primary culprit behind deteriorating global growth prospects. Analysts have also highlighted the risk that weakening economic conditions could expose hidden weaknesses in the financial system. At the time of writing, officials in Beijing and Washington have dug their heels into the ground and threatened to escalate the situation. The most recent incident came when US President Donald Trump ... (full story)
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