<oembed><type>rich</type><version>1.0</version><title>Hard Money Herald wrote</title><author_name>Hard Money Herald (npub1c8…ns3t9)</author_name><author_url>https://yabu.me/npub1c8e03hltgw4v62hc3c7dkwu5gzh9f7c24yd26j75ululerezd3aq3ns3t9</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>A strong dollar isn&#39;t just good news for Americans. It&#39;s a crisis signal for half the global economy.&#xA;&#xA;When the DXY — the dollar index — surges, countries that borrowed in dollars face a mechanical problem. Their local currency revenue shrinks relative to fixed debt obligations. This isn&#39;t new. It&#39;s happened at least three times in modern history, with nearly identical mechanics each time.&#xA;&#xA;1982. 1997. 2018.&#xA;&#xA;Same pattern. Same mechanism. Different countries.</html></oembed>