Paradoxes of U.S. Financial System Resilience
... the value of traded financial instruments. However, as long as the world economy retains faith in the omnipotence of the U.S. dollar as the commodity in highest demand, the internal costs for the American economy will be offset by profits in foreign markets,... ... financial system with relative stability. Therefore, the answer to the question about the likelihood of and causes for a new financial crisis in the U.S. should be sought outside the U.S. financial system.
04.04.2023