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Jim Erskine
jimers.bsky.social
did:plc:jckcrhtpw4hifg7zdkbthpf5
Not just global power. The US$ decline tells us that countries and investors are not as willing to hold dollar denominated assets, such as Treasury securities or new factories in the US. And for US consumers the price of commodities in global markets will increase (e.g. gas prices).
2025-07-14T17:02:23.443Z