Commercial paper is about to lose a big chunk of its value.
And if the US economy goes down, the impact will be felt nationwide.
The latest report from Credit Suisse’s Global Economic Outlook 2017 said that the global market for commercial paper is expected to shrink by 4% in 2020, which means a big reduction in demand.
Credit Suisse economist Michael Phelan said: “This will make it more difficult for US consumers to access financial services, which in turn will further drive up the cost of credit for many Americans.”
While the US market for paper is still a big part of the economy, it is shrinking rapidly.
In 2020, US commercial paper sales are expected to drop by nearly 2% from the previous year, and that will make the market smaller for a long time.
That could have an impact on the US dollar.
A drop in US dollar prices would affect US banks’ interest rates, which would be a major drag on the economy.
In a report released earlier this month, the US Department of Commerce said the Federal Reserve has “identified a range of potential risks that could affect the financial stability of the United States and global economy in the future.”
While that might sound reassuring, it may not be.
The US economy has grown at a fairly steady pace, and the US has been growing at a moderate pace in recent years.
But in the last few years, there have been a number of large-scale economic downturns that have led to the government raising interest rates and the dollar falling against the other major currencies.
This could have a dramatic effect on US commercial banks.
“The US dollar will likely lose about 10% to 15% of its market value in 2020,” said Phelen.
“The US is one of the strongest performing currencies in the world and, given the current level of economic activity, the currency may be worth about 10 cents to 15 cents per dollar.”
The dollar is also being used as a currency by countries that don’t have a strong currency market.
Countries like India and Brazil use the dollar as their official currency.