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Storm clouds gather over America's financial supremacy

economist.com

1–10 of 26 posts

Re: Storm clouds gather over America's financial supremacy

#3
The article doesn’t mention it, but related is the global share of the US dollar as the reserve currency has been on a steady decline. Between that and the new payment structures discussed in this article we are rapidly approaching an era without American control on global financial systems. Which is a significant lever for soft power and non-military interventions

Re: Storm clouds gather over America's financial supremacy

#5

The article doesn’t mention it, but related is the global share of the US dollar as the reserve currency has been on a steady decline. Between that and the new payment structures discussed in this article we are rapidly approaching an era without American control on global financial systems. Which is a significant lever for soft power and non-military interventions

Yeah, Americans will have to feel the same way as everyone else, basically not having access to unlimited credit. Have fun with it.

At least the libs were owned though :)

Re: Storm clouds gather over America's financial supremacy

#6
Not sure how visible by the people in the US but a lot of companies and governments in Europe are working on many projects to decouple from the American companies for the critical infrastructure.

Visa and Mastercard were mentioned in the article but I would also add PayPal into the list.

Re: Storm clouds gather over America's financial supremacy

#9

The article doesn’t mention it, but related is the global share of the US dollar as the reserve currency has been on a steady decline. Between that and the new payment structures discussed in this article we are rapidly approaching an era without American control on global financial systems. Which is a significant lever for soft power and non-military interventions

Yeah, Americans will have to feel the same way as everyone else, basically not having access to unlimited credit. Have fun with it. At least the libs were owned though :)

Truly.

"Make the libtards cry"

Was enough of a hate monger campaign promise, to put the most blatantly corrupt president in US history, in office.

The descent of the US population into abject idiocy has been striking.

Re: Storm clouds gather over America's financial supremacy

#10
post #9

Earlier quoted context omitted.

Yeah, Americans will have to feel the same way as everyone else, basically not having access to unlimited credit. Have fun with it. At least the libs were owned though :)

Truly. "Make the libtards cry" Was enough of a hate monger campaign promise, to put the most blatantly corrupt president in US history, in office. The descent of the US population into abject idiocy has been striking.

Smartphones in dumb pockets made it all possible.
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