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How Global Trade Runs on U.S. Dollars
Nearly 90% of international transactions in 2019 were in U.S. dollars, giving the U.S. extraordinary power over nearly every entity that imports or exports anything anywhere. Here’s how the global economy runs on the U.S. dollar -- and why some countries are trying to chip away at its dominance (USA: WSJ 2020)
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Economic Principles: How the Economic Machine Works
This site established by Ray Dalio attempts to educate readers about the nature of domestic and global economies. The flagship media piece on the site is a 30-minute explication of how Dalio understands the economy, using a simple machine metaphor to explain the basic driving forces of the economy, to analyze what leads to ups and downs in the economy, and to define such basic ...
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How Germany’s Economy Made The Greatest Economic Comeback
The German economy is the fourth largest in the world, posting the largest export surplus (USA 2020).
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