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Why is Dollar strong despite US's 18 trillion debt?
The dollar shows a steady growth with regard to other until recently stable world currencies. But is the dollar that strong? After all, the U.S. has a state debt of 18 trillion dollars and can declare a technical default at any moment. Recent rise of the Swiss franc showed that the dollar is far from being a safe haven for investors.
Global capital flows are extremely unstable
It is important to understand...