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Dollar’s role as world’s leading reserve currency may be at risk

Posted on 17 October 2013

Remember the last time the country came to the brink of default? It was August 2011. For the first time in history, Standard & Poor’s, the ratings agency, downgraded US government debt.
“The effectiveness, stability, and predictability of American policy making and political institutions have weakened at a time of ongoing fiscal and economic challenges,” it said. Investors around the world rushed to find a safe place to put their money………………………………………..Full Article: Source


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