Mike Shedlock says the global economy remains structurally tied to U.S. dollar assets, complicating any meaningful shift away from the greenback. He points to p

Mike Shedlock says the global economy remains structurally tied to U.S. dollar assets, complicating any meaningful shift away from the greenback. He points to persistent U.S. trade deficits and the U.S. consumer’s role as buyer of last resort.