The concept of “American exceptional” covers many specific topics. For academics, it may have indicated the ability of the United States to attract bright minds from all over the world and generate advanced research. Besides the culture of entrepreneurship in the country and the infrastructure of the investment capital, this helped it to empty and develop most technology companies in the world. In turn, technology has enabled the productivity of work in the United States to grow at a faster pace than its peers, according to Jin Foley, FX analyst in Rabobank.
The creditor’s countries acquire the issue of “selling America”
“In recent years, powerful work productivity has helped the economy challenge expectations that growth will slow down. Consumption has often been strong with consumer confidence supported by abundant work vacancies, and in the period of the epidemic, through generous financial gifts.
“This year it brought periods when the shares of the United States, the Treasury and the US dollar decreased at the same time, which shows that” selling America “is the dominant issue. Creditors were the beneficiaries. The current US administration policies undermine the potential of the United States growth and erode the confidence of its commercial partners and its allies.”
“This also depends on the speed of the US trading partners to solve their structural problems. While we still see a room to make profits in favor of the US dollar on a view of 1 to 3 months, we now see that it is likely to be more modified than our previous expectations.
