A debt laden world

Dollar dumping still going on:

But who is going to buy this debt

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And yet DXY, the US dollar index, is at its highest level in two years. What accounts for that?

DB2

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Yes, WSJ article showed that Japan, S Korea, and China all have weakening currencies vs the dollar.

And i notice Chinas etfs-KWEB and FXI–are doing well. India, Europe and Japan are weak performers.