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Endgame: USA : Comments
By Cameron Leckie, published 18/12/2009A possible outcome of the GFC is the collapse of the USA and the demise of the world’s largest economy and only superpower.
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In my opinion finding the causal factors and triggers helps us determine the solution.
I agree with your comments on the situation for foreign holders of US debt,the question is, will there be a gradual transition to other currencies or the traditional market panic with disastrous consequences? And much of US debt is financed by the Chinese--"Interesting Times" indeed.