With the impending possibility of the United States breaching its debt ceiling, the “indisputable” stability of its financial and fiscal institutions is once again questioned.
Based on these bank collapses, coupled with all other major economic events, it is easy to say that the financial world is currently staring at an unstable future.
Nations have recently begun the process of turning away from the US dollar, leaning towards utilizing more of their own currency, while others lean towards the creation of a new collaborative one.
