Story perspectives
US Dollar Set for 15%-20% Drop Amid Economic Turmoil
5/10/2025
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Story summary
- David Roche forecasts a 15%-20% decline in the US dollar within 5-10 years, attributing it to Trump's trade war.
- Recent sales of $63 billion in US equities by foreign investors signal declining confidence in US assets.
- Kenneth Rogoff cautions that proposed tax cuts may increase national debt by $9 trillion, heightening financial crisis risks.
- Rising interest rates and growing debt burdens jeopardize the stability of the US economy and the dollar's global standing.
