29.01.21 11:21

Will China overthrow US dollar hegemony in East Asia?

As the U.S. wavers under the weight of dire economic, social and health crises, historic measures introduced to stabilize the country have increased general government debt to 130% of gross domestic product. Most of the newly issued government bonds were purchased by the Federal Reserve, which has significantly inflated its balance sheet. Prof. Dr. Gunther Schnabl in the following article


letzte Änderung: 21.10.2013