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I don't think that's likely. The US has enough guns and control of major tech players driving things that it will hold its staying power as the major currency.
by jkinudsjknds 6y ago
I don't think that's likely. The US has enough guns and control of major tech players driving things that it will hold its staying power as the major currency. But let's say you're right. What would the move be to diversify risk? Gold? Real estate?
- mhb 6y agoThe permanent portfolio is an investment portfolio designed to perform well in all economic conditions. It was devised by free-market investment analyst, Harry Browne, in the 1980s. The permanent portfolio is composed of an equal allocation of stocks, bonds, gold, and cash, or Treasury bills. https://www.investopedia.com/terms/p/permanent-portfolio.asp https://www.investopedia.com/terms/p/permanent-portfolio.asp
- catawbasam 6y agoRussia, China and Iran are rebalancing toward the Euro.