Euroconservativ
Member
- Dec 5, 2011
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Of course is sufficient. Moody's may downgrade the US to keep up appearances against accusations of pro-US/UK and anti-european bias, but it doesn't mean anything.
Because America issues the world's reserve currency. The government runs huge budget deficits and borrows at 0% interest. The US Dollar will remain the world's reserve currency for a long long time.
Because America issues the world's reserve currency. The government runs huge budget deficits and borrows at 0% interest. The US Dollar will remain the world's reserve currency for a long long time.