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Warren Buffett Affirms the Dominance of USD as Reserve Currency /
npub1r2u…wayd
2024-07-16 17:04:13

Warren Buffett Affirms the Dominance of USD as Reserve Currency on Nostr: America Needs a Coordinated Plan to Overcome the Chinese Threat and Retain Superpower ...

America Needs a Coordinated Plan to Overcome the Chinese Threat and Retain Superpower Status
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#8ae6f1a4 ver:0.49

The US has attracted a significant share of global investment during the pandemic, capturing almost one-third of all capital flows. Factors such as a shortage of dollars and the Biden administration's efforts have contributed to this appeal. In contrast, China's share of capital flows has declined. Concerns about China's policies and geopolitical risks have led to Chinese stocks being snubbed. The US's dominance may not be guaranteed, as concerns about the fiscal deficit and political discord could impact investor confidence. China's bid to topple the US in economic supremacy has hit a wall, and there is a growing belief that China's economic model isn't sustainable. It is crucial for the US to prevent China from overtaking its economy and retain its superpower status by implementing a coordinated plan....

#newstr #UschinaEconomicCompetition #GlobalCapitalFlows #Investment #SuperpowerStatus #Manufacturing #Technology #Trade #NationalSecurity

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