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US debt default could trigger dollar’s collapse – and severely erode America’s political and economic might

  • Written by Michael Humphries, Deputy Chair of Business Administration, Touro University
US debt default could trigger dollar’s collapse – and severely erode America’s political and economic mightA U.S. debt default would mangle the dollar's international reputation.photovideostock/Getty Images

It’s a case of déjà vu all over again on the debt ceiling debate.

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For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...