
The Dollar's Last Stand. De-Dollarization and an Analysis of the US Debt Crisis (eBook, ePUB)
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The world's financial foundation is cracking. Is the $36 trillion U.S. national debt a manageable problem or a ticking time bomb set to detonate a global catastrophe?For decades, the United States has relied on the world's trust and the "exorbitant privilege" of the U.S. dollar to keep borrowing. Now, with the national debt hitting an unimaginable $36 trillion, and the debt-to-GDP ratio soaring above 120% even without a full-scale global war, that privilege is at its breaking point. This objective, urgent analysis pulls back the curtain on America's fiscal high-wire act:The Interest Payment Ni...
The world's financial foundation is cracking. Is the $36 trillion U.S. national debt a manageable problem or a ticking time bomb set to detonate a global catastrophe?
For decades, the United States has relied on the world's trust and the "exorbitant privilege" of the U.S. dollar to keep borrowing. Now, with the national debt hitting an unimaginable $36 trillion, and the debt-to-GDP ratio soaring above 120% even without a full-scale global war, that privilege is at its breaking point. This objective, urgent analysis pulls back the curtain on America's fiscal high-wire act:
The Interest Payment Nightmare: Discover how interest payments on the debt are rapidly becoming one of the single largest, fastest-growing components of the federal budget, threatening to eclipse spending on defense and Medicare.
A History of Recklessness: Trace the historical path of unremitting debt growth, from the structural deficits born in the Reagan era to the unprecedented spending waves of the 2008 financial meltdown and the COVID-19 Tsunami.
The Threat of Global Contagion: Understand why a collapse in confidence in U.S. Treasuries-the "safest assets in the world"-would trigger a global financial collapse far exceeding the scale of the 2008 crisis, destabilizing global trade and investment.
The Two Types of Default: Go beyond the political drama of the debt ceiling to examine the true danger: not just a technical default, but the "insidious default" of debt monetization and the devastating specter of hyperinflation.
The Political Factor: Analyze the role of partisan gridlock and the political drivers that prevent effective fiscal reform. The book critically examines the "Trump factor," analyzing how a mix of new tax cuts, trade wars, and a casual attitude toward national debt could accelerate the crisis.
The clock is ticking, and the time for awareness-and action-is now. The decisions made (or avoided) in the next few years will shape not only America's economic destiny but also the stability of the entire international financial order.
For decades, the United States has relied on the world's trust and the "exorbitant privilege" of the U.S. dollar to keep borrowing. Now, with the national debt hitting an unimaginable $36 trillion, and the debt-to-GDP ratio soaring above 120% even without a full-scale global war, that privilege is at its breaking point. This objective, urgent analysis pulls back the curtain on America's fiscal high-wire act:
The Interest Payment Nightmare: Discover how interest payments on the debt are rapidly becoming one of the single largest, fastest-growing components of the federal budget, threatening to eclipse spending on defense and Medicare.
A History of Recklessness: Trace the historical path of unremitting debt growth, from the structural deficits born in the Reagan era to the unprecedented spending waves of the 2008 financial meltdown and the COVID-19 Tsunami.
The Threat of Global Contagion: Understand why a collapse in confidence in U.S. Treasuries-the "safest assets in the world"-would trigger a global financial collapse far exceeding the scale of the 2008 crisis, destabilizing global trade and investment.
The Two Types of Default: Go beyond the political drama of the debt ceiling to examine the true danger: not just a technical default, but the "insidious default" of debt monetization and the devastating specter of hyperinflation.
The Political Factor: Analyze the role of partisan gridlock and the political drivers that prevent effective fiscal reform. The book critically examines the "Trump factor," analyzing how a mix of new tax cuts, trade wars, and a casual attitude toward national debt could accelerate the crisis.
The clock is ticking, and the time for awareness-and action-is now. The decisions made (or avoided) in the next few years will shape not only America's economic destiny but also the stability of the entire international financial order.
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