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Opinion | The Dollar Still Has Its Mojo. X, Not So Much.

By The New York Times   |   1 year ago
Opinion | The Dollar Still Has Its Mojo. X, Not So Much.

Adam Smith's quote on the ruin of a nation reflects the fragility of networks like Twitter, now facing a tipping point under Musk's leadership. The network's decline showcases the impact of network externalities, as seen with the dollar's global dominance.

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