Dollar Dominance Is the Key to US Debt and Deficits
Bloomberg reports that the greenback has seen off plenty of challengers — for good reason. Trump would do well to recognize its huge strategic value.
The eclipse of the dollar, and with it the ability of the US to borrow on a scale that would cripple any other country, has been long predicted. For at least half a century, skeptics have counted on something — or someone — coming along to knock American assets from their perch. Don't plan for a requiem just yet. The... ...
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