(CSM) US debt showdown: In the eyes of the world, the damage is already done

Is the US dollar’s position as the reserve currency of the world imperiled as a result of the debt limit showdown in Washington?

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Posted in * Culture-Watch, * Economics, Politics, Budget, Consumer/consumer spending, Corporations/Corporate Life, Currency Markets, Economy, Ethics / Moral Theology, Foreign Relations, Globalization, House of Representatives, Office of the President, Politics in General, Senate, The National Deficit, The U.S. Government, Theology