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Dangers of dollar nationalism hang over the world economy - Financial Times

The dollar’s reserve status supports a US current account deficit that favours US importers and creates markets for the rest of the world, but also skews the US economy away from traded goods. Read More
Why some economists say the deficit increase in Trump’s bill is dangerous
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the devastating consequences of ballooning U.S. debt. But economists say this ... Read More
The world economy is still in danger

Yet news that America’s headline rate of annual inflation fell to 3% in June has fed hopes that the Fed’s next rate rise, which is expected on July 26th, will be its last and that other ... Read More
America’s reckless borrowing is a danger to its economy—and the world’s

The dollar is the world’s reserve currency. Through it America provides a unique service: a supply of plentiful assets backed by a vast economy, the rule of law, deep capital markets and an open ... Read More
Larry Summers slams Biden economic agenda as ‘increasingly dangerous’

Larry Summers, the former Obama and Clinton official, slammed parts of President Joe Biden’s economic agenda as “increasingly dangerous” this week, saying it could end up causing higher ... Read More
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