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Dollar’s Share of Global Reserves Sinks to Lowest Since 1995
(
yahoo.com
)
4 points
by
finphil
on March 31, 2021
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2 comments
maxsavin
on March 31, 2021
[–]
“This is a slow burn theme, but we are of the view that we’re eventually headed into a ‘multiple reserve currency’ framework over time,” Bipan Rai, a strategist at CIBC, said via email.
Haha... that's quite the spin.
pmastela
on March 31, 2021
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parent
[–]
Hmm, the "slow burn theme" reminds me of Hemingway's take on how one goes bankrupt: gradually, then suddenly.
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Haha... that's quite the spin.