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In the relevant time period, the US was not the global hegemon, and there was no global dollar trade.

Also a lot of the policy mistake in the US were made at the state level, and that is comparable in scale with Canada.

In any case, it's easy to compare different economies, as long as you are careful what you are doing. And, if anything, overseas demand for your currency should make it easier to run your monetary and financial system.



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