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From the Strait of Hormuz to the dollar: America’s dangerous gamble
Two Mikes on America Out Loud – The larger danger reaches beyond the battlefield. Tariffs, financial sanctions, and threats to seize foreign reserves tell other governments that participation in the dollar system leaves them vulnerable to American coercion. They have every reason to seek an exit. That is how military arrogance becomes economic self-harm. If foreign holders increasingly abandon...
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