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🏉 Pascal Bouvier

Managing Partner & Co-Founder, MiddleGame Ventures

546597 followers 500+ connections
‪Chilean peso‬ ‪Lebanese £‬ ‪Bolivian boliviano‬ ‪Euro (Spain, France, Czech)‬ ‪Iraqi dinar‬ ‪Russian ruble‬ ‪Algerian dinar ‬ ‪Sudanese £‬ ‪Hong Kong $‬ ‪Egyptian £‬ ‪(and a few i am sure i forget) ‬ ‪what do they have in common? ‪all these currencies (& economies) are impacted by mass protests driven by political aspirations, inequality, corruption, push back against elites & status quo. ‪several thoughts:‬ ‪- which country/currency next? these protests seem to be a global phenomenon, even hitting stable countries‬ ‪- impact on $? so far $ is strong.‬ ‪- impact on ¥? seems capital flight from China still occurring? ‪- impact on bitcoin? who the heck knows abt beauty contests. is bitcoin impacted at all?‬ ‪- impact on global stability? growth has to suffer ‪- impact on financial institutions? increased volatility in cap markets means big winners. corporate lending should be hit - impact on politics & economies? setting aside political aspirations (HK) it is hard to see more power concentration & inequality as outcome to these global unrests. so net positive says the optimist. net positive for health of finserv eventually - ‪impact on $ led global fin system? will these protests accelerate splintering of current system & usher a new global system? ‬ ‪please weigh in …see more

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