Jack Mullen If the US dollar’s global supremacy erodes, America will face a reckoning like none before. – Fareed Zakaria – CNN/WaPo BofA Sees Risk of Another FX Liquidity Crunch After Bank Crisis The global currency market is vulnerable to a liquidity crunch later this year as financial conditions tighten and economic growth slows, Bank of America Corp. warned. […]Left unattended, these threats could reverse decades of efforts to reduce poverty and fast-track development, while setting the stage for a “lost decade.” – World Bank Report The World Bank isn’t the first…
