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RE: Bounty:Why a strong USD may crash the world economy
Sure, but at the same time since the US is a net importer this is great for all countries exporting to the us.
Are we saying foreign debt has a higher impact than imports?
Keep in mind that the world is consistently moving away from the dollar standard. They don't want to hold dollars anymore because the US has weaponized the SWIFT system so much. All the BRICS countries are moving away from using dollars. Even the UK created its own settlement system to get around SWIFT, and they're one of the US's closest allies.