According to most estimates, one of the main causes of the global financial and economic crisis in 2008 was the US debt problem, which, in fact, caused the so-called “domino effect” on the entire global financial and economic system.
The prospect of economic recovery in the United States
The US economy is growing faster than expected
The US economy, which is considered the world’s largest, showed faster growth than expected in the third quarter, with GDP increasing to 5.2% year-on-year.
How the dollar conquered the world
In the context of the U.S. gaining powerful economic power, the fact that no bombs fell on U.S. soil during both world wars, with the exception of Pearl Harbor in 1941, is telling.