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gerhard7
Patrick Boyle
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Comments by "gerhard7" (@gerhard7323) on "The US Hits Its Debt Ceiling Limit!" video.
Potentially, there is no limit to US debt creation just so long as there is a global appetite for it.
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The USD still remains the least worst looking horse in the global glue factory.
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@johanalejandrocazadordepin7225 As long as it's not too far out of whack too often with what is going on elsewhere in the world then I can't see why it's a significant problem for the US. They've still got the keys to the sweetie shop and they know it. Of course it suits its politicians to use it as a political football to pretend that it is and score points off of each other, but in reality the US dollar primacy means it amounts to little more than that. In many ways the perennial US domestic pantomime helps to reinforce both the US and globally accepted narrative of earnest attempts at financial responsibility.
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@frenchonion4595 Its unrivalled military machine has a significant part to play certainly.
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