Is Being the ‘Saudi Arabia of Money’ Good for America?
A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade.

A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade.
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
On this week’s Long Reads Sunday, NLW looks at recent statistics suggesting that, based on a comprehensive set of measures of well-being, U.S. citizens are worse off than they were a decade ago.
One potential explanation is the U.S.’ “USD Dutch Disease” - a peculiar set of consequences resulting from the role of the U.S. dollar in the world.
This week’s reading is “How to Diagnose Your Own Dutch Disease” from the Financial Times.
See also: A Practical Utopian’s Guide to the Coming Collapse
For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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‘Bitcoin to zero’ searches spike in the U.S., but the bottom signal is mixed

Google Trends data shows the term hit a record high in the U.S. this month, though global interest has fallen since peaking in August.
What to know:
- U.S. searches for “bitcoin zero” on Google hit a record high in February as BTC slid toward $60,000 after hitting a peak in October.
- In the rest of the world, searches for the term peaked in August, suggesting fear is concentrated in the U.S. rather than worldwide.
- Similar U.S. search spikes in 2021 and 2022 coincided with local bottoms.
- Because Google Trends measures relative interest on a 0-to-100 scale amid a much larger bitcoin user base today, the latest U.S. spike signals elevated retail anxiety, but does not reliably guarantee a clean contrarian reversal.











