• ikt@aussie.zone
    link
    fedilink
    arrow-up
    1
    ·
    2 days ago

    G’day G’day

    The USA is in a unique financial situation as the worlds reserve currency which allows them to borrow pretty much endlessly (because other countries want their money), bit of a quick video on it here:

    Is the US Dollar Losing its Reserve Currency Status?

    https://youtu.be/9OFOx_SukDE?t=168