Hey Guys, One of the biggest risks to the global economy righ | Coin Bureau Insider

Hey Guys,

One of the biggest risks to the global economy right now is dollar strength.

That's right, the greenback has been soaring to levels not seen in decades. On the flip side, we are also seeing a massive crash in the value of other currencies such as the Euro, Pound and Yen.

The problem with this sustained dollar strength and foreign currency weakness is that it could supercharge inflation in countries that rely on imports. This could lead to a balance of payments crisis in some of those poorest countries that can least afford it.

It could also lead to a sovereign debt crisis as those countries that issued dollar denominated debt wills struggle to meet their interest obligations.

On top of this, actions by foreign central banks trying to catch up with the Fed are also leading to massive disruptions within those countries themselves.

This is all covered in my latest vid - a deep dive into the ins and outs of DXY's surge.

Enjoy!