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Home>UPDATE: Blame the next global financial crisis on the U.S. dollar

UPDATE: Blame the next global financial crisis on the U.S. dollar

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Wed, 6 May 2015

By Satyajit Das The biggest threat to stocks and stability is in your wallet Since 2009, the key driver of financial markets has been liquidity. All asset prices have been affected by the central banks' attempted reflation. According to one estimate, over 80% of equity prices are supported in some
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