Could the dollar be in default?
The US has been able to run growing budget deficits by issuing more dollars as the reserve currency. If a polycentric world ends its indulgence, the shock to America could be great.
The US has been able to run growing budget deficits by issuing more dollars as the reserve currency. If a polycentric world ends its indulgence, the shock to America could be great.
The International Monetary Fund, other economic institutions, politicians, experts, and a good number of indicators predict a new economic downturn. The causes will be diverse