Normal
Being the reserve currency opens a lot more options than are available to second tier currencies, as was proven when the GFC hit and is a major reason for the BRICS forming.One thing about the U.S they have some really smart people, so I would guess a plan will be developed.They just have to work out how to throttle the tap on globalisation, the West is inflating itself into poverty, to support their lifestyle.Which in itself isn't bad, but if the Govts aren't putting in place systems to support their economic growth, then it is just like any loser re drawing on their mortgaging to spend it on lifestyle.Just my 2 cents worth.
Being the reserve currency opens a lot more options than are available to second tier currencies, as was proven when the GFC hit and is a major reason for the BRICS forming.
One thing about the U.S they have some really smart people, so I would guess a plan will be developed.
They just have to work out how to throttle the tap on globalisation, the West is inflating itself into poverty, to support their lifestyle.
Which in itself isn't bad, but if the Govts aren't putting in place systems to support their economic growth, then it is just like any loser re drawing on their mortgaging to spend it on lifestyle.
Just my 2 cents worth.
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