No. of Recommendations: 3
economist.com - How a dollar crisis would unfold (or
https://archive.is/TV1y7#selection-1265.197-1265.2...)
The crisis scenario laid out is uncomfortably plausible, it feels almost inevitable. If I'm being entirely honest, the article felt too optimistic
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"The courts are likely to stop him sacking Fed governors at will, but he will be able to nominate a pliant new Fed chair in 2026." "likely" and "pliant" are doing some heavy lifting.
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"Meanwhile, the president’s other policies [...]make it possible to think that foreign creditors’ rights could suffer." again, "possible" is not letting the souls of Strunk and White rest peacefully.
* There is not a single mention of the Yuan. They allude to cryptocurrency, but not the gorilla in the room.