Replies

To: SeeSharp

“Reserve status is based on the quality of a country’s debt.”

True—but the value of US debt is on a steady decline—and the rest of the world is starting to pay attention.

43 posted on 03/30/2022 5:24:46 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)

To: cgbg

True—but the value of US debt is on a steady decline—and the rest of the world is starting to pay attention.

OK, but relative to Russia's debt?

45 posted on 03/30/2022 5:33:52 PM PDT by SeeSharp

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