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aviate global
’‘The dollar is the most crowded long in history’
So stop calling the current vogue for betting against the greenback a “crowded short”, says boutique brokerage Aviate Global.
And their logic is hard to fault. As the world’s de facto currency the world is,
The renminbi black swan
Take $1,500bn in Chinese dollar reserves, add generous dollops of concern about currency debasement, mix in a shopping spree by the Chinese state. Then scream.
At least, you should be screaming if your life savings are in dollars.