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95 - The Death of the US Dollar?

The Red Line

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The Relationship Between Trade Debt and Foreign Policy

Maximilian Hess is the central Asia fellow in the Eurasia program at the foreign policy research Institute. He says that government debts and a government's currency are not quite fungible always but they are certainly instruments that can replace one another. The majority of world trade is still denominated in dollars it creates a financial market structure to sit behind it, he adds.

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