RSS SubscribeBlackRock Issues De-dollarization Warning, Says Rising Debt Levels Could Push Capital Outside US Borders: Report
By Alex Richardson – The Daily Hodl
The largest asset manager in the world says the risk of a de-dollarization of the global economy has edged higher due to rising US debt levels.
In a third-quarter fixed income outlook note seen by Reuters, BlackRock analysts say that growing government debt is weakening demand for key US assets like the dollar and long-dated Treasuries.
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