Stephen Roach says US dollar could collapse by the end of 2021

Business Insider/Shalini Nagarajan

graphic image of a dollar with GW wearing a surgical mask

“The ‘seemingly crazed idea’ that the US dollar will collapse against other major currencies in the post-pandemic global economy is not so crazy anymore, the economist Stephen Roach told CNBC’s “Trading Nation” on Wednesday.”

USAGOLD note:  Roach also says that there is 50% probability that we will see a double-dip recession in the United States.  Some believe that the numbers that came at the end of last week – the jobs and durable goods – indicate a slowdown might have already begun.

Repost from 9-25-2020

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