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

Comments

Popular posts from this blog

The path to success is never a straight line... it's about consistent planning and execution--you try what seems like a good idea. You do it quickly. You keep your mind open and curious. You learn. Then you scrap what failed and double down on what's working. #JulieZhuo