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US debt default could trigger dollar’s collapse – and severely erode America’s political and economic might

  • Written by Michael Humphries, Deputy Chair of Business Administration, Touro University
US debt default could trigger dollar’s collapse – and severely erode America’s political and economic mightA U.S. debt default would mangle the dollar's international reputation.photovideostock/Getty Images

It’s a case of déjà vu all over again on the debt ceiling debate.

Republicans, who regained control of the House of Representatives in November 2022, are threatening to not allow an increase in the debt limit unless they get...

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