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Notes -
Both can be true. The US becomes a financial empire with the rest of the world buying lots of money from the US. The rest of the world is forced to prop up American real estate markets and financial markets while the expensive dollar makes it cheap for Americans to import. The US empire is great for finance, insurance, real estate and the military industrial complex. It is not good for manufacturing. The world is has to send products to the US in order to get dollars, the US gets products for free but all the money printing makes the US too expensive for a large portion of the population.
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