The end of dollar hegemony? Surely not. What Russia has found itself in, is a "Euro-Dollar trap". And what is China’s alternative?
Chartbook #94 just dropped.
adamtooze.substack.com/p/chartbook-94… https://t.co/dukWu2GjzP
"The labor market imbalance is what’s keeping the Fed from pausing. There are almost two job openings for every unemployed
"The labor market imbalance is what’s keeping the Fed from pausing. There are almost two job openings for every unemployed American." Highest rate of vacancies