At first glance, the many negatives surrounding the U.S. dollar shine much brighter than the few positives. For starters, currencies typically don't thrive amidst rising debt. With the nation's national deficit nearing $16 trillion and increasing an average of $3.94 billion per day, the greenback's darkest hour may still be yet to come.
Then, there is the concerning historical chart pattern surrounding the currency. Mired against rising debt, the Feral Reserve's penchant for printing more money and the continued hiking of the debt ceiling, the dollar has shed nearly 25% over the past decade. Another significant fall isn't out of the question.
Finally, and perhaps most devastating to the currency, is the arguably overdue stripping of the dollar's status as the world's reserve currency. A move that if, or when, happens will be sure to leave the greenback near lifeless.
However, for now the dollar seems especially strong over the
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