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First Squawk
@FirstSquawk
Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics
가입 July 2015
251 팔로잉 중    560.5K
JAMIE DIMON’S SHOCK WARNING: THE US DOLLAR COULD LOSE ITS GLOBAL CROWN IN 25 YEARS JPMorgan CEO Jamie Dimon warns that the U.S. dollar could lose its reserve-currency status within 25 years if America loses its economic and military strength. Dimon says the dollar’s global dominance depends on U.S. economic power, national security and geopolitical influence. A weaker America could lead countries to seek alternatives. The dollar still dominates global reserves, but its share has fallen from about 70% in 2000 to around 57% today, reflecting growing diversification. His message is clear: if the U.S. wants to keep the dollar on top, it must maintain its economic, industrial and strategic edge.
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