Savvy countries will discover there’s a way to mitigate the harm incurred by Trump’s tariffs—and it’ll boost their own economies while making goods cheaper too.
biggest thing for the rest of the world is our sovereign debt crisis. greece nearly drug down the EU when theirs popped off, and their entire economy was/is just exporting crude and ripping off the occasional tourist.
USD is the cornerstone to the entire western financial system, not to mention the countries position as one of worlds largest importers and facilitater of international trade as a whole…
greece nearly drug down the EU when theirs popped off,
Erh no! Don’t trust the sensationalist stories about the Euro collapsing for this or that reason. Those stories are always without merit, my guess is they serve a purpose for speculation or are just sensationalist stories.
USD is the cornerstone to the entire western financial system
What are you smoking? It doesn’t make a hoot of difference to the rest of the world to trade in another currency. But more likely than not, it won’t be a single currency replacing USD, it will be a basket of currencies where USD will probably be a part.
In Europe the Euro totally dominates the financial market and has done for years. I think you mean the currency for trade, and for that the Euro obviously dominates in Europe.
there’s so much wealth/debt obligations tied up in USD, your the one smoking something if you think a US sovereign debt crisis finally popping off doesn’t drag a large chunk of west down with it.
biggest thing for the rest of the world is our sovereign debt crisis. greece nearly drug down the EU when theirs popped off, and their entire economy was/is just exporting crude and ripping off the occasional tourist.
USD is the cornerstone to the entire western financial system, not to mention the countries position as one of worlds largest importers and facilitater of international trade as a whole…
Erh no! Don’t trust the sensationalist stories about the Euro collapsing for this or that reason. Those stories are always without merit, my guess is they serve a purpose for speculation or are just sensationalist stories.
What are you smoking? It doesn’t make a hoot of difference to the rest of the world to trade in another currency. But more likely than not, it won’t be a single currency replacing USD, it will be a basket of currencies where USD will probably be a part.
In Europe the Euro totally dominates the financial market and has done for years. I think you mean the currency for trade, and for that the Euro obviously dominates in Europe.
there’s so much wealth/debt obligations tied up in USD, your the one smoking something if you think a US sovereign debt crisis finally popping off doesn’t drag a large chunk of west down with it.