Because like the entire west has built their entire system om the dollar and we arent able to just jump out. Not even the Euro ist strong enough.
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Because like the entire west has built their entire system om the dollar and we arent able to just jump out. Not even the Euro ist strong enough.
The BRICS working hard to have their own currency. It's going to be a game changer.
#leo #Inleo #
Im not convinced. BRICS countries have very little in common and dont chase the same goals.
It is actually the entire international world. That is why the dollar wasnt going to crash unless the US did something stupid, which it did.
Now other countries have incentive to move away from the dollar. If the financial center moves from NY to China, that will seal the deal.
Well I wonder, dont think most EU countries will shift towards China. Many of us have a greatly negative view of them.
Maybe we will go the route of Isolationism in that case.
You arent going to have a choice. No tech industry. Auto industry dying.
This is what happens when you fall behind. The EU is cooked and the US is working at following down the hole.
Might be the case. We will have to wait and see.