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Zoltan Poszar On The Global Financial System's "Monetary Divorce" From Dollar Hegemony

• https://www.zerohedge.com, by Tyler Durden

The name of his new firm is Ex Uno Plures, "and I will be providing research to institutional investors and consult institutional investors about the plumbing," Poszar explains at the start of this discussion with Bloomberg's Odd Lots podcast.

The former Credit Suisse man expounds on the concept of "Bretton Woods III" and the changing dynamics in the global economy, explaining that the traditional idea of a unipolar world dominated by the US dollar is shifting, and we are entering an era where multiple currencies will play a significant role. Simply put, he notes, the global financial system is going through a "monetary divorce" from US dollar hegemony and becoming more multi-polar.