The Undollar Digest

U.S. Dollar Is `One Step Nearer’ to Crisis as Debt Level Climbs, Yu Says

The U.S. dollar is “one step nearer” to a crisis as debt levels in the world’s largest economy increase, said Yu Yongding, a former adviser to China’s central bank.
Any appreciation of the dollar is “really temporary” and a devaluation of the currency is inevitable as U.S. debt rises, Yu said in a speech in Singapore [...]


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