When countries desperately need reserve currencies to service their reserve currency-denominated debts, and to buy things from sellers who only accept reserve currencies, they can go bankrupt. #RayDalio
When countries desperately need reserve currencies to service their reserve currency-denominated debts, and to buy things from sellers who only accept reserve currencies, they can go bankrupt. #RayDalio
— English Quotes (@english_quotes) Sep 2, 2024
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