Showing posts with label meltdown. Show all posts
Showing posts with label meltdown. Show all posts

Friday, October 29, 2010

John Hathaway: Meltdown for the World's Monetary System?

John Hathaway, writing today for Bloomberg, asserts boldly that
The world’s monetary system is in the process of melting down. We have entered the endgame for the dollar as the dominant reserve currency, but most investors and policy makers are unaware of the implications.