> Why would you not if you don't incur in external debt doing so?
you described economic Neoliberalism since 1968, in a nutshell. However, its most important consequence - impoverishment of the low-income and very low-income native population and its inevitable supplementation by emigrants, is destabilizing the very nations who championed it.
Secondarily, militarism (NATO, Israel, Taiwan, Korea, etc.) needed to maintain the pecking order is under great strain and requires considerable counterproductive expenditures (Palestine, Iraq, Libya, Lebanon, Ukraine, Afghanistan, Serbia, etc.) just as the native populations age rapidly.
Thirdly, de-dollarization has its own dynamics and is driven by politically motivated economic sanctions enforced by high seas naval interdictions, Russian asset seizures, Chinese exclusionary trade rules, & global criminal gangs like the Kushner's crime family extortion of Qatar in 2017. Rise of BRICs+(25 countries waitlisted), Alt-SWIFT payment systems (BRICS Pay, CIPS) are supplementing USD, the very foundation of the Neoliberal economics.
you described economic Neoliberalism since 1968, in a nutshell. However, its most important consequence - impoverishment of the low-income and very low-income native population and its inevitable supplementation by emigrants, is destabilizing the very nations who championed it.
Secondarily, militarism (NATO, Israel, Taiwan, Korea, etc.) needed to maintain the pecking order is under great strain and requires considerable counterproductive expenditures (Palestine, Iraq, Libya, Lebanon, Ukraine, Afghanistan, Serbia, etc.) just as the native populations age rapidly.
Thirdly, de-dollarization has its own dynamics and is driven by politically motivated economic sanctions enforced by high seas naval interdictions, Russian asset seizures, Chinese exclusionary trade rules, & global criminal gangs like the Kushner's crime family extortion of Qatar in 2017. Rise of BRICs+(25 countries waitlisted), Alt-SWIFT payment systems (BRICS Pay, CIPS) are supplementing USD, the very foundation of the Neoliberal economics.