Bridger PenningtonFund Launch & Investment Expert

World Economy Predictions 2023

4 May 2023 · 1 min

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The U.S. dollar controls 83.71% of global trade while the world accumulates U.S.-denominated debt. The yen holds just 4%, and the UN accounts for only 4.5% of worldwide trade. These shifts reshape U.S.-China relations.

Chapters

All right. In the cold plunge this morning. Whoo! Talking UN, China, U.S. relations. All right. Look at this graph. Freaking about— out about the UN. The UN only accounts for 4.5% of global trade. The U.S. dollar is 83.71%. We've had hyperinflation, right? The U.S. dollar is up over the last 12 months. U.S. Dollar Index, UxD, UXY. Look at this. Killing it. Okay? I know everyone's like, the dollar's dead. I don't know. The yen's only got 4%. We're flooding the world with US-denominated debt. If you guys want more, I got a whole YouTube video on this. It's pretty interesting where the US dollar stands.