Post
Topic
Board Economics
Re: US Debt at $19,959,943,400,000 will $20 trillion make the news?
by
bryant.coleman
on 20/02/2017, 17:51:25 UTC
Well the dollar on this way it already crashed and if it crashed this year again it will be a big loss to the U.S

When did the Dollar crashed last time? Honestly, I can't remember. On the other hand, right now it is the other (fiat) currencies, which are losing their value against the United States Dollar. Look at the Euro, it has lost almost 32% of its value against the USD during the last four years. And Euro is not an isolated example. Look at the Great Britain Pound (UKP). It has lost 38% of its value against the USD since 2014.