27sec snip

On The Tape cover image

The Big Long with Steve Eisman

On The Tape

NOTE

US Bond Market and Reserve Currency Status

The US bond market's exceptional liquidity solidifies the country's position as the world's reserve currency. As long as there isn't a comparable alternative for massive investments outside of the US bond market, the reserve currency status is secure. China and Europe are not immediate contenders for replacing the US due to their own economic challenges.

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