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Great Power Conflict Will Threaten Dollar Privileges


Zoltan Pozar writes for the Financial Times

The writer is Global Head of Short Rate Strategy at Credit Suisse

Since the end of the Cold War, the world has basically been in a unipolar era – the United States is the undisputed hegemon, globalization is the economic order, and the dollar is the most accepted currency. But today, once again, geopolitics poses a series of formidable challenges to the existing world order. That means investors have to take these new risks into account when valuing them.

To repeat the “Great Game” (Great Game) China is proactive…

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