Edward Luce argues convincingly that the already very high sovereign debt burden of the US will only get worse due to the current partisan politics (Opinion, May 31). He reminds us why sterling lost its reserve currency status due to its war-related debt. It is true that the war debt caused sterling’s demise. But the other significant reason for it was the ascending power of the rapidly industrialising US economy and the dollar’s accelerating claim on global trade around the early 20th century. We are witnessing a similar scenario unfold almost 100 years later: China’s aggressive claim on global trade and the resultant threat to the dollar’s supremacy.
爱德华•卢斯(Edward Luce)的文章《特朗普危及美元霸主地位》令人信服地提出，美国当前的党派政治意味着，其业已庞大的主权债务负担只会变得更糟。他提醒我们，当年英镑正是因为战争相关债务失去了储备货币地位。没错，战争债务导致了英镑的没落。但英镑没落的另一个重大原因是20世纪初美国的实力不断上升，得益于美国manbetx20客户端下载 迅速工业化和美元加速提升其在manbetx app苹果 贸易所占分量。差不多100年后，我们正在目睹类似的一幕：manbetx3.0 加速提升人民币在manbetx app苹果 贸易中所占分量，由此给美元霸主地位带来威胁。