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

Post by blackoil » Tue, Jan 20, 2026, 9:30 PM UTC

yodsanklai wrote: post #619

lpcvoid wrote: post #463

Earlier quoted context omitted.

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.

Post by evertheylen » Tue, Jan 20, 2026, 9:31 PM UTC

tdrz wrote: post #595

Beretta_Vexee wrote: post #565

Earlier quoted context omitted.

It's more of a payment processor issue than a device issue. If you are in a country or area with a large Chinese population, you can usually pay easily in RMB with Alipay. If you use Visa and Mastercard, you are subject to US regulations, sanctions, and embargoes. Many alternative payment processor exist, PIX in Brazil, UPI in India, etc. There are several systems in the EU: Wero, Bizum, BLIK It is urgent that Europe…

An integrated European payments system should be very high up on the priorities list of the European Commision. I believe every EU country already has its own version of a QR code payment, I don't know why can't they connect "easily" connect them.

Post by dybber » Tue, Jan 20, 2026, 9:32 PM UTC

jollyllama wrote: post #571

horsawlarway wrote: post #468

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Your linked page doesn't actually appear to render any sort of compelling argument for this. In fact - the entire argument seems to more accurately hinge the conditional left off the main saying, so the full description is: "Bad money drives out good if they exchange for the same price." But that requires a legal structure that enforces the disparity, and the summary of the whole thing basically boils down to: --- If…

In practice, everyone wants to spend their dollars, not their gold, or their bitcoin, or their Euros, and so dollars it will be. What else is there that anyone both with pay with and will be accepted by the other party?

Post by mullingitover » Tue, Jan 20, 2026, 9:33 PM UTC

ifwinterco wrote: post #670

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…

You can also draw a comparison with the late imperial stage of other empires, most recently the British. The British Empire actually reached its greatest territorial extent in the 1920s and 30s, but it was overextended, policymaking was becoming increasingly erratic and in hindsight we can see the writing was already on the wall

Post by ahmeneeroe-v2 » Tue, Jan 20, 2026, 9:34 PM UTC

kmeisthax wrote: post #504

chrisco255 wrote: post #167

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The U.S. is as stable as it gets. It has been one continuous republic and has 250 years of legal stability and a history of paying its debts. It has 4.2% GDP growth, with the largest economy in the world and growing.

> 250 years of legal stability America was never a stable country. That 250 years includes: * A decade of chaos under the impotent Articles of Confederation. * The deliberately engineered election of George Washington to create the illusion of political stability, a reign which only ended because George stepped down voluntarily. * An immediate constitutional crisis the moment a competitive election happened, causing…