4 ms·
I don’t disagree with the desire/demand statement - but again who’s is going to step into that gap, that can run large trade deficits, has the deep financial/bo
by balderdash 3y ago
I don’t disagree with the desire/demand statement - but again who’s is going to step into that gap, that can run large trade deficits, has the deep financial/borrowing markets to fund those deficits, has rule of law etc.? China? Nope. Europe I guess - but doesn’t really offer any advantages over the dollar, who else? No one…