3 ms·
I could see a case for personal de-dollarization in the long term, but based on previous American financial crises, European and Asian markets are also impacted
by yesfitz 9mo ago
I could see a case for personal de-dollarization in the long term, but based on previous American financial crises, European and Asian markets are also impacted by the downturn. Even the Shanghai Stock Exchange was hit in 2008[1].
Of course, this time could be different. Do you have any speculation as to why it would be?
1: https://en.wikipedia.org/wiki/Shanghai_Stock_Exchange#Timeline https://en.wikipedia.org/wiki/Shanghai_Stock_Exchange#Timeli...
- OGEnthusiast 9mo agoYeah good point, might be impossible to fully insulate yourself then. It just seems like the US economy is more tied to the AI bubble than any other national economy.