{"id":1328,"date":"2023-08-16T00:44:26","date_gmt":"2023-08-16T00:44:26","guid":{"rendered":"https:\/\/halcyonpw.com.au\/?p=1328"},"modified":"2023-08-16T00:45:21","modified_gmt":"2023-08-16T00:45:21","slug":"market-update-the-death-of-the-dollar","status":"publish","type":"post","link":"https:\/\/halcyonpw.com.au\/market-update-the-death-of-the-dollar\/","title":{"rendered":"Market Update | The Death of the Dollar?"},"content":{"rendered":"\n
Key Points:<\/em><\/p>\n\n\n\n The US and Europe have shrunk as a share of global economic activity meaningfully in the past two decades, reflecting stronger growth in China and other emerging economies. On a PPP basis, China is now the largest economy in the world. On a nominal GDP basis, it is the world\u2019s second largest economy. The size of the BRICS (Brazil, Russia, China, India and South Africa) economies ex China is similar to Europe and the United States. \u00a0<\/p>\n\n\n\n