The growth of US debt, coupled with the instability in the financial system, is starting to raise questions about the role of the dollar as the global currency, the maintenance of which is an existential question for US hegemony.

#USdebt #DollarCrisis

https://www.wsws.org/en/articles/2024/03/27/frxp-m27.html

“Unprecedented” growth of US debt could bring market shock

The Congressional Budget Office director has warned the US could face a Liz Truss style financial crisis.

World Socialist Web Site