Asia, the new safe haven for cash?

Investment Analysis Clubs Macro Economic Trends and Risks
1

A wave of dollar selling in Asia is an ominous sign for the greenback as the world’s export powerhouse starts to question a decades-long trend of investing its big trade surpluses in U.S. assets.

Ripples from Friday and Monday’s record rally in the Taiwan dollar are now spreading outward, driving surges for currencies in Singapore, South Korea, Malaysia, China and Hong Kong.

https://www.reuters.com/world/china/asian-crisis-reverse-currencies-soar-dollar-2025-05-06/

3 Likes
2

Friedman’s plan of printing and borrowing to infinity to pay for cheap imports doesn’t work forever? gasp
/sarcasm

Steve

4 Likes
3

It worked “forever” for him. He’s dead. What does he care?

2 Likes
4

Isn’t that the mind set of every “JC”? By the time the consequences of their policies materialize, they will, at the least, made their loot and retired, if not died, so they don’t care about the consequences of their policies,

Steve

2 Likes