Global Economy
Global Economy
Out of context: Reply #10
- Started
- Last post
- 48 Responses
- JSK0
Lose of US dollar value is nothing to do with import from other countries.
The main scare is (to other countries and US) that no one would buy debt from US Govt. China, who holds most of US debt has started to reduce its holdings. US Currency has been used as a foreign for most countries but they are reducing it. If no one is buying US debt, US can no longer borrow money regardless to debt ceiling.