When we talk about American financial hegemony, we almost always talk about the US dollar. The resilience of the dollar system is the subject of continuous speculation. But there is a better way to frame the issue: the US’s role as the world’s indispensable investment destination. The world’s savings are pulled to the US as if by economic gravity, crowding into American stocks and bonds and providing its economy with a key support.
谈到美国的金融霸权，人们几乎总会把目光投向美元。美元体系究竟有多大韧性，一直是外界反复揣测的话题。但这个问题或许还有一个更好的观察角度：美国作为manbetx app苹果 不可或缺的投资目的地，究竟还能维持多久。manbetx app苹果 储蓄仿佛受到一股manbetx20客户端下载 引力的牵引，源源不断流向美国，涌入美股和美债，为美国manbetx20客户端下载 提供了一项关键支撑。
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