The odds of financial crises are rising. Will the US be there to help?
Domestic debt-related financial stress, coupled with the degradation of so many cross-border economic relationships, can have serious economic, political, and security consequences. They can inflame internal and external tensions and foment uncertainty. They can also lead to the weaponization of economic policies, such as punitive tariffs, currency leverage, and investment barriers. In such instances, cooperation and trust suffer. Over time, mutual prosperity is jeopardized.
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