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by BlueTemplar 871 days ago
> I don't think the role of the US dolar as a reserve currency is put into question with a hypothetical default.

Why would it not ? Wasn't that how the previous reserve currencies ended ? Are there many examples of relatively as bad defaults that did not result in such an end ?

Especially when the lenders first to be screwed here are (or at least were in 2020) Japan and China.