Debt is America's golden goose. Fitch can't kill it | Business and Economy
The world still wants to buy US debt, and the dollar’s dominance won’t be affected by the Fitch downgrade.
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The world still wants to buy US debt, and the dollar’s dominance won’t be affected by the Fitch downgrade.
Sanctions on Russia have sparked conversation about the decline of the dollar but the real threat to the global currency system is potential US sanctions on China.
A potential long-term threat to the U.S. dollar as the global reserve currency is the increase and expansion of alternative cross-border payment systems.
On the Fintech side, you may expect part of the discussion will focus on a central bank digital currency (CBDC), or a digital dollar, and whether or not this
Several major economies, including Brazil, India and China, have recently struck deals aiming to end reliance on the use of US currency