3 ms·
> I don't think the role of the US dolar as a reserve currency is put into question with a hypothetical default. Why would it not ? Wasn't that how the previou
by BlueTemplar 3y ago
> I don't think the role of the US dolar as a reserve currency is put into question with a hypothetical default.
Why would it not ? Wasn't that how the previous reserve currencies ended ? Are there many examples of relatively as bad defaults that did not result in such an end ?
Especially when the lenders first to be screwed here are (or at least were in 2020) Japan and China.