It's important to remember the exponential value of network effects in businesses like Google or Microsoft. But that exponential value works both ways. 10% less users on Google means exponentially less value to the Google network. I suspect that, this is true for the dollar's status as well.
It's important to remember the exponential value of network effects in businesses like Google or Microsoft. But that exponential value works both ways. 10% less users on Google means exponentially less value to the Google network. I suspect that, this is true for the dollar's status as well.
Secondly on the politics situations. China and Russia have sat down and made a deal. "The way to weaken the US is to weaken the dollar".
It's important to remember the exponential value of network effects in businesses like Google or Microsoft. But that exponential value works both ways. 10% less users on Google means exponentially less value to the Google network. I suspect that, this is true for the dollar's status as well.
Secondly on the politics situations. China and Russia have sat down and made a deal. "The way to weaken the US is to weaken the dollar".
I would suggest that even more than Microsoft or Google, payments systems like Visa & Mastercard would be the first network businesses to go.
Yet to date, shorting V or MA has been a mug's game.
Eventually you'll be right, the risk is that you lose all your capital beforehand!
True. But it has been fascinating to watch how they have struggled to grow in Asia