Willem Buiter warns of massive dollar collapse

(TELEGRAPH) — Americans must prepare themselves for a massive collapse in the dollar as investors around the world dump their US assets, a former Bank of England policymaker has warned.

The long-held assumption that US assets – particularly government bonds – are a safe haven will soon be overturned as investors lose their patience with the world’s biggest economy, according to Willem Buiter.

via Willem Buiter warns of massive dollar collapse – Telegraph.

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