Originally posted by macdon02
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Zeihan
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I like that people think the $USD will be replaced as the reserve currency. This may happen, but wont anytime soon. In the meantime, the greenback will be worth holding and I will continue to look for US assets as most of the rest of the world is. The 10 yr treasury yield is back down below 3% which indicates that the hot money is still flowing back to the US. China needs the US but the US don't need China. Not even to hold that giant debt.
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https://www.youtube.com/watch?v=ZV71L2FtrJM
Skip to the 39 minute mark and hee highlights the economic and infrastructure reasons that Alberta and Sask should join the US. Also mentions that due to Quebec's actions it's opened the door for any province to leave Canada ....
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