A Value Investor’s Reluctant Case for Gold The US dollar's dominance as the global reserve currency has long been taken for granted, but beneath its surface, cracks are beginning to show.
The country is struggling with economic instability, political polarization, and military vulnerabilities, making the status quo unsustainable. One area where this shift is evident is in economic fundamentals.
The US runs a 6% budget deficit in peacetime, a staggering number that would be unsustainable even during times of war. With a proposed defense budget of $1.