We’re living in a unique period of history given that we are currently facing three massive threats…
Highly-respected market researcher Luke Gromen concludes that we’re living in a unique period of history given that we are currently facing three massive threats:
1) the first bursting global sovereign debt bubble in over 100 years
2) the first time in 50+ years that foreign central banks are no longer financing the US economy (i.e., they have stopped growing their holdings of US Treasurys)
3) the US’ long-standing “petrodollar” advantage is eroding as other countries increasingly strike deals to trade key commodities in non-USD currencies
As these challenges mount, how will they resolve?