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US dollar
US debt notched $32 trillion for the first time this year.

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  • The dollar's dominance is being threatening by growing debt in the US, economist Barry Eichengreen said.
  • High debt caused the downfall of the British sterling as a global currency in the early 1900s, scholars say.
  • The US deficit could notch 181% of GDP over the next 30 years, according to a CBO estimate.

The dominance of the dollar depends on whether or not the US can get its debt problems under control, according to former International Monetary Fund official Barry Eichengreen.

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Markets, mi-exclusive, us-dollar, us-debt, us-debt-levels, dollar-dominance, dollar-war, dedollarization, reserve-currency, global-reserve-currency, debt-ceiling, shutdown
Source
The US needs to get its ballooning debt problems under control to keep the doll…