Decoding Curves, No Conundrums Needed; Part 3
When the global reserve currency system goes wrong, there’s no place to hide from it. Not even China and its massive stash of foreign reserves can escape from its grasp. Nor is the backlash limited to just one country or region. Even American is not immune. How do we know when things are getting serious? Don’t listen to pseudo-central bankers. Decode the curves.