Friday, December 13, 2024

Tag: Ex-Lehman Brothers Executive Says De-Dollarization Possible Within Next 20 to 30 Years

Ex-Lehman Brothers Executive Says De-Dollarization Possible Within Next 20 to 30 Years

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    from Sputnik News:

    WASHINGTON (Sputnik) – Global de-dollarization is possible within the next 20 to 30 years but the currency is enjoying its peak years at the moment, former Lehman Brothers executive Lawrence McDonald told Sputnik.
    “It’s definitely going to happen,” McDonald said. “It’s not a near term problem, maybe 20 to 30 because the US has so much wealth, we’ve got a lot of military power, but there’s no question. The peak dollar best years are right about here.”