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Economist Jeffrey Sachs: China’s Retaliation Might Stop the US Economy
24.7.2025
Jeffrey Sachs warned that the Trump administration’s potential future secondary sanctions on China’s trade relations with Russia could lead to a catastrophe for the U.S. economy. Sachs believes that the world would turn its back on America if this were to occur. Jeffrey Sachs Warns...
US Economist Jeffrey Sachs: Trump’s Take on Tariffs Is ‘a Serious Mistake’
2.5.2025
Sachs explained that the Trump administration’s emphasis on applying tariffs on rival governments would not impact the growth of China and Russia if international trade continues to follow WTO rules. Jeffrey Sachs Labels Tariffs as a Mistake, Disregards Effects in Global Trade The Trump...
Dollar vs. Bitcoin Clash: Experts Flex Opposing Views; SBF Trial Update — Week in Review
15.10.2023
Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital currencies (CBDCs) are the real money of the near...
American Economist Jeffrey Sachs Heralds End of Dollar Hegemony: ‘Central Bank Digital Currencies Will Become the Basis of Payments’
7.10.2023
Jeffrey Sachs, an American economist and best-selling author, has stated that the end of the dollar’s hegemony is near and that central bank digital currencies (CBDCs) will become the basis of cross-border settlements. For Sachs, the abuse of the U.S. dollar as a geopolitical weapon is one...
Iran Top Security Official Believes Recent De-Dollarization Efforts Will Doom ‘Illegal Western Sanctions’ to Failure
12.4.2023
Ali Shamkhani, secretary of the National Security Council of Iran, has stated that the recent bilateral cooperation efforts between his country and Russia are contributing to rendering U.S.-established sanctions useless at a global level. The official noted that many other countries are also...
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says
10.4.2023
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as a political weapon by Washington, the introduction of currencies like...