Coming Soon: The Demise Of The U.S. Dollar?
There are many reasons to worry about the U.S. dollar’s underlying economic fundamentals. However, before despairing that America is well on the way to a dollar crisis a person might want to ask two questions. First, does the dollar have any serious rival to displace it as the world’s international reserve currency? Second, would the dollar not fare well in the event that today’s global everything asset and credit market bubble were to burst?
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