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De-dollarization: Is the US dollar losing its dominance? (2025)

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Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#611

Post by modzu »

lpcvoid wrote: post #463
pendenthistory wrote: post #408

Earlier quoted context omitted.

Interestingly, there seems to be more good will and amiable vibes between EU nationalities than within the US even. Even being enemies for a thousand years, I don't doubt that Swedish and Danish men would go to war for one another, or French and German. It's complicated yes, but the continent is more unified in spirit than it may seem to an outsider.

German here: I'd go to war (and likely will, with how it's looking currently) for any country that shares our values and is an ally or friend, that's being attacked by an evil force such as russia. And that of course includes my french brothers to the west.

most humans share the same core values. values antithetical to war.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#612

Post by vablings »

usrbinenv wrote: post #261
vablings wrote: post #238

Earlier quoted context omitted.

When you say non-western what do you mean in this context? From what you describe it just sounds like China, Russia and North Korea

I mean literally any country outside of Europe, North america, Australia, New Zealand and maybe some non-western exceptions like Singapore.

I don't think that's exactly fair; there are plenty of other places that do not suit these criteria that get along fine with the dollar. it is on an exclusion basis not an inclusion basis

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#613

Post by mikewarot »

My understanding is that the standard of living in Britain dropped about 75% when Britain lost the reserve status of the Pound Sterling.

I expect it to be worse here in the US.

I wasn't expecting us to try to speedrun it, though. I thought we had a decade or two left, now I think it'll happen before the end of the year.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#614

Post by lpcvoid »

gowld wrote: post #610
lpcvoid wrote: post #543

Earlier quoted context omitted.

I have many moral problems with that scenario. I used to live in the US a long time ago. The US is sick; there's a mad king at the top who doesn't have the well being of the nation in his interest, and he is driving the world towards war with every passing day while dividing his own people. War with the US isn't a clear cut "good vs evil" situation as the EU vs russia would be, it would be a utter tragedy, not wanted…

I don't know why you believe that a decades-long strict dictatorship like Russia has more democratic support for its "evil" government than a country whose leader was elected just 1 year ago with approximately 50% of the vote.

Russians are lining up to go to war under the promise of money, around 30k a month last time I checked. Americans not so much, in particular not against Europeans. It's different in my view.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#615

Post by jyounker »

BatteryMountain wrote: post #480
snovymgodym wrote: post #3

The international value of the dollar as a reserve and trade currency is inherently tied to the behavior of the US Government and the Federal Reserve. The behavior of the US Government has been very unusual lately, and the independence of the Federal Reserve is actively being challenged. So draw from that whatever conclusions you wish.

The bro's in the whitehouse is using their mouthpieces to create a volatile market, thus gaming the system with pump & dumps. They are stealing from everyone in a sense.

This is a pretty astute interpretation.

Here's a write-up of Trump's grift so far: https://www.nytimes.com/interactive/2026/01/20/opinion/edito...

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#616

Post by nonethewiser »

pegasus wrote: post #591
nonethewiser wrote: post #514

Earlier quoted context omitted.

>I wouldn't describe integrating further to the point of becoming more like the US as "unstable". More like the US, as-in a country? So also more like Germany, China, South Africa, etc. You are making a false equivalence - being like the US in one extremely non-US specific way does not mean you must be like the US in every other way. I'm not sure you even understand what I'm saying - this has nothing to do with the U…

I was referring to the possibility of the EU becoming a federal union which acts like a country. Yes, like the US and Germany, but unlike China and of South Africa I don't know enough to say.

It doesnt have to be a federal union. Probably a logical step but I didn't prescribe it. Regardless, I dont see how it could persist in its current form through lots of conflict.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#619

Post by yodsanklai »

lpcvoid wrote: post #463
pendenthistory wrote: post #408

Earlier quoted context omitted.

Interestingly, there seems to be more good will and amiable vibes between EU nationalities than within the US even. Even being enemies for a thousand years, I don't doubt that Swedish and Danish men would go to war for one another, or French and German. It's complicated yes, but the continent is more unified in spirit than it may seem to an outsider.

German here: I'd go to war (and likely will, with how it's looking currently) for any country that shares our values and is an ally or friend, that's being attacked by an evil force such as russia. And that of course includes my french brothers to the west.

Thanks German brother :) I think our main issue in Europe is the lack of a common language. It makes it harder to build strong ties and realize how close our values are.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#620

Post by [deleted] »

gowld wrote: post #610
lpcvoid wrote: post #543

Earlier quoted context omitted.

I have many moral problems with that scenario. I used to live in the US a long time ago. The US is sick; there's a mad king at the top who doesn't have the well being of the nation in his interest, and he is driving the world towards war with every passing day while dividing his own people. War with the US isn't a clear cut "good vs evil" situation as the EU vs russia would be, it would be a utter tragedy, not wanted…

I don't know why you believe that a decades-long strict dictatorship like Russia has more democratic support for its "evil" government than a country whose leader was elected just 1 year ago with approximately 50% of the vote.

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