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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: ajm101   😊 😞
Number: of 4460 
Subject: article: How a dollar crisis would unfold
Date: 04/16/25 11:08 PM
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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

* "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.

* "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.
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This community has written 4,454 posts about Macroeconomic Trends & Risks. The article-length ones it recommended most:
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