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3232Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar
https://www.digit.info/nouriel-dr-doom-roubini-warns-about-demise-of-us-dollar/
Wed, 08 Feb 2023 07:30:06 +0000https://www.digit.info/2023/02/08/nouriel-dr-doom-roubini-warns-about-demise-of-us-dollar/Read more]]>Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new technologies like central bank digital currencies (CBDCs) and corporate payment rails contribute to a new landscape. […]
]]>Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy
https://www.digit.info/casting-stones-from-a-glass-house-yellens-comments-on-zambias-debt-restructuring-draw-criticism-from-chinese-embassy/
Tue, 24 Jan 2023 22:30:37 +0000https://www.digit.info/2023/01/24/casting-stones-from-a-glass-house-yellens-comments-on-zambias-debt-restructuring-draw-criticism-from-chinese-embassy/Read more]]>The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia sees it differently. The embassy castigated Yellen’s comments in […]
]]>Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’
https://www.digit.info/fidelity-says-bitcoin-adoption-will-keep-accelerating-weve-reached-a-tipping-point/
Thu, 08 Apr 2021 23:30:40 +0000https://www.digit.info/2021/04/08/fidelity-says-bitcoin-adoption-will-keep-accelerating-weve-reached-a-tipping-point/Read more]]>Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where we’ve seen unprecedented monetary and fiscal stimulus from central banks and governments in response to the pandemic.” The Tipping […]