Hidden Forces

In Episode 265 of Hidden Forces, Demetri Kofinas speaks with Michael Howell. Michael is the CEO of CrossBorder Capital, a London-based, independent research and investment company that provides asset allocation and capital markets advice to institutional investors. This conversation is a natural follow-up to our recent episodes with Lev Menand on the shadow banking system and Eric Basmajian on economic cycles. Specifically, the credit cycle and its leading impact on the economy and asset prices. But this conversation with Michael also pulls directly from other episodes as well with guests like Michael Pettis on global trade and finance, Claudio Borio on financial instability, Brent Johnson on the Revenge of the Dollar, James Aitken on Digital Currency and the Pivot to Asia, Russel Napier on the New Economic Order and the Asian Financial Crisis, and of course, one of my absolute favorites, a conversation with Kevin Coldiron, Tim Lee, and Jamie Lee on the role of the US Dollar as an international fundi