[pineaux]

You should read "the global minotaur" by yanis varoufakis. It explains exactly why this is the case. This is true only for the US and it is because other countries buy dollars in bulk to keep the dollar high because: 1) not keeping the dollar high will devalue their dollar reserves. 2) they need large reserves of dollars to be able to facilitate trade in dollar denominated resources like oil. 3) they buy us treasury bonds because this will raise the value of their dollars and because it ks historically a safe investment.

[oytis]

> because it ks historically a safe investment.

That's the key IMO. USA has a long history of being a safe country for investment. It has uninterrupted democracy and rule of law since it was founded. It hasn't had a war on it's territory since the Civil War. It has a lot of free land and natural resources.

It's just good fundamentals first - and then of course you need not to fuck up massively to ruin that, which USA has not.

[defrost]

> It hasn't had a war on it's territory since the Civil War.

    American Civil War (April 12, 1861 – May 26, 1865)

    Black Hawk's War (1865–72)
    Red Cloud's War (1866–68)
    Comanche campaign (1867–75)
    Modoc War (1872–73)
    Red River War (1874–75)
    Great Sioux War of 1876 (1876–77)
    .... 10 more ....
    Ghost Dance War (1890–91)

    Crazy Snake Rebellion (1909)
    New Mexico Navajo War (1913)
    Bluff War (1914–15)
    Colorado Paiute War (1915)
    Posey War (1923)

https://en.wikipedia.org/wiki/List_of_American_Indian_Wars

[resolutebat]

Calling any of those "wars" is a stretch when casualties were mostly in the single digits.

[defrost]

Take it up with the US historians that call these wars.

    Red Cloud's War consisted mostly of constant small-scale Indian raids and attacks on the soldiers and civilians at the three forts in the Powder River country, wearing down those garrisons.

    The largest action of the war, the Fetterman Fight (with 81 men killed on the U.S. side), was the worst military defeat suffered by the U.S. on the Great Plains until the Battle of the Little Bighorn in the Crow Indian reservation ten years later.

[oytis]

My point still holds, there was nothing as threatening investments as WWI, WWII, Yugoslavian wars, Russo-Ukrainian war, no coups or revolutions.