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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)

#621

Post by pegasus »

terminalshort wrote: post #567
pegasus wrote: post #474

Earlier quoted context omitted.

I wouldn't describe integrating further to the point of becoming more like the US as "unstable". And that's the most likely outcome, which should make the EU more trustworthy as a partner, not less. EDIT: by "like the US" I mean federalization. This video explains it well: https://www.youtube.com/watch?v=HnarX3HPruA

I would argue that not only is it not the most likely outcome, but that it's practically impossible. When the colonies united they all spoke the same language and shared the same culture as the descendants of recent British colonists. Furthermore, they had just fought and won a war of independence together. The first presidential election was unanimous with every single electoral vote backing George Washington. Do yo…

Sure the contexts are different, and you can also look at the federalization of German states as yet another example with a different context, but not all of the factors are unfavorable. For example, the countries of the EU are already more integrated than the colonies were. Plus it's a very different time now, we've had the UN for a long time already, etc.

Also, I was surprised to learn how heterogenous the different regions of the US were from the very beginning, in origin, character and motivations. The Puritans, Quakers, Cavaliers, French nobles and traders etc.

This video explains why it's very likely to happen: https://www.youtube.com/watch?v=7yHJehbWiNo

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

#622

Post by mkoubaa »

SailorJerry wrote: post #179
calvinmorrison wrote: post #76

Earlier quoted context omitted.

Maybe unsaid but the idea that Congress can create an organization that is not executed by the executive is the issue

I don't understand why you're being downvoted. This sounds like a reasonably debatable argument.

There's a lot of groupthink around this. I blame the pseudoscience called economics

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

#623

Post by scelerat »

hopelite wrote: post #583
KaiserPro wrote: post #395

Earlier quoted context omitted.

I'm struggling to understand what you are trying to say? That biden wanted to grow the USA to 600 million people? That trump is also trying to do that?

It seems you are clearly understanding? You are likely just confused because you do not understand that the overarching objectives of the "uni-party" or "deep state" system hold fast, it's just that each political sporty ball team has to play things different and tell different lies in different ways to different cohorts in order to keep the system operating. So, e.g., Biden says we need 300M more immigrants and his…

When did Biden say the US needs 300M more immigrants?

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

#624

Post by ubertaco »

lpcvoid wrote: post #614
gowld wrote: post #610

Earlier quoted context omitted.

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.

As an American, a sizable number of Americans are lining up to join ICE under the promise of money.

And also, our whole military recruitment strategy here outside of drafts has been "the GI bill" – paid tuition in exchange for lining up to go to war.

I don't know that the gap in morals is as wide as you think.

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

#625

Post by holoduke »

jacquesm wrote: post #429
kspacewalk2 wrote: post #396

Earlier quoted context omitted.

Russia firmly in that second tier along with better behaved peers that have brighter demographic futures and an actual economy, like India, Indonesia and Brazil.

Russia is self destructing as we speak.

As far as I can see they have a massive uprise in industrial capacity and reformation in general. People underestimate countries in war.

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

#626

Post by scelerat »

hopelite wrote: post #284
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.

That is true, but it also goes well beyond that. Much of the "US Gov't behavior" is largely related to trashing and panicked frantic moves because the consequences of its prior and long tailed actions over decades has now not only started bearing rotten fruit, but a previous strategy of world domination through "globalism" has also turned against those who control the Wizard of the USA from behind the curtain. On the…

When did Biden say the US needs 300M more immigrants?

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

#627

Post by mkoubaa »

mullingitover wrote: post #383

I remember studying pre-WWI history, and particularly how carefully Bismarck arranged German foreign policy like he was the diplomatic equivalent of Bobby Fischer. Everything was situated perfectly and Germany was totally content. Then along came the absolute moron Wilhelm, and he managed to Leroy Jenkins Germany's beautifully arranged relationships into an aggressive, tactless nightmare where all Germany's allies we…

What were the political commitments of the writers of the pre-WWI history you read? Could they have an incentive to characterize things this way?

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

#629

Post by card_zero »

cft wrote: post #553
samiv wrote: post #506

Earlier quoted context omitted.

Finnish reservist here in Germany. Ready to go. Prost!

American expat here in Spain. I do 11 pull-ups every two days and run 7 miles uphill. Ready to go! Salud!

Rarely have prime numbers been so macho.

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

#630

Post by pavlov »

Macha wrote: post #485
rdtsc wrote: post #462

Earlier quoted context omitted.

> Rejoining is seen as politically too risky in the short term. As you observe, the UK would not get back its privileged position, Just curious, what privileges did it have? I can think of keeping it currency only.

Opt outs for Schengen, the Euro, all police and justice policies, and the charter of fundamental rights

Also a multi-billion pound rebate on what Britain contributed to the EU budget. Thatcher negotiated it in 1984 and it’s never coming back.
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