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@bobby "can someone explain to me how the US dollar can be so...

  1. timber1956
    7,424 Posts.
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    02/10/18
    18:49
    Post #: 35967681
    @bobby

    "can someone explain to me how the US dollar can be so strong when the country has a such a massive i repeat massive debt"

    In addition to the very good points made by @marri...

    The US federal government owns assets worth $269 trillion, so their LVR is fairly healthy. If your neighbour owed $1 million, but owned other assets worth $17.4 million, he would be in a comparable position.
    Last edited by timber1956: 02/10/18
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