The number of countries that pegged their currency to the USD is staggering. If the US defaults for any reason the global economy ceases to exist. Crashed by Adam Tooze is a great deep dive into the 2008 financial crises and goes in depth on how interconnected all the major economies are.
The number of countries that pegged their currency to the USD is staggering. If the US defaults for any reason the global economy ceases to exist. Crashed by Adam Tooze is a great deep dive into the 2008 financial crises and goes in depth on how interconnected all the major economies are.