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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)

#821

Post by lostlogin »

tick_tock_tick wrote: post #586
pavlov wrote: post #217

Earlier quoted context omitted.

The answer is already clear: Britain regrets the move more. In June 2025, 56% of people in Great Britain thought it was the wrong decision: https://www.statista.com/statistics/987347/brexit-opinion-po... It's hard to imagine this number would be going down after recent events like USA suddenly threatening arbitrary new tariffs on the UK.

That's crazy it's not even moved 10% from the vote guess by and large people are pretty happy with their vote.

I don’t know if you can confidently claim that the vote represented the view of the population at the time.

There was a small pro brexit margin, and loads didn’t vote. I don’t dispute the vote result, I just wondering what the result would have been if there had been higher turnout.

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

#822

Post by azepoi »

bastardoperator wrote: post #640
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.

Unusual? That's one way of putting it. I think unpredictable, erratic and criminal paint a more a realistic picture. The fact we're threatening Greenland is absolutely insane. If the goal of this administration is to destroy America, they're doing a fine job.

It's easier to cancel elections during à conflict

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

#823

Post by lpcvoid »

SanjayMehta wrote: post #789
lpcvoid wrote: post #701

Earlier quoted context omitted.

Freedom of speech, democratically elected representatives, protection of minorities, religious freedom, to name a few. I can already hear people storming out of the woods, ready to write how the EU itself is undemocratic, or how free speech isn't real in western European countries. I disagree with you.

Jacques Baud, Alina Lipp, Thomas Röper, Nathalie Yamb, Xavier Moreau disagree with you. And unlike you, some random anonymous poster on this polite version of Reddit, everyone knows what they do.

They are pro russian propaganda mouthpieces and can go fuck themselves. Specially Alina Lipp, may she have fun in her beloved russia.

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

#824

Post by mopsi »

lenkite wrote: post #817
jmyeet wrote: post #783

Earlier quoted context omitted.

I'm an historical materialist. That means I don't believe religion, ethnicity or political philosophy ever drives international conflict. It's always, always, always material interests. Those other things are just an excuse, something to rile up the populace into supporting the government and dying on the front line. So some think Duginism and a Greater Russia is driving Putin's expanionist activity in Ukraine (inclu…

> But NATO was never going to expand to include Ukraine. Agreed on all points but this. This is just factually wrong. Ukraine formally declared its intention to pursue NATO membership which was accepted by the NATO council. The most significant early push occurred at the Bucharest Summit (April 2008). Ukraine (along with Georgia) requested a Membership Action Plan (MAP) - the standard preparatory program for aspiring…

These were empty words of consolation after the allies decided not to invite Ukraine and Georgia into NATO.

Eventually, you will receive a million bucks from me. I am not giving you any timeline or conditions, but trust me, you are on an irreversible path toward that, I promise.

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

#825

Post by tyuu »

derangedHorse wrote: post #806
tyuu wrote: post #153

Earlier quoted context omitted.

That chart is also really weird. With log scale turned off and expanded to all time... https://www.macrotrends.net/1437/sp500-to-gold-ratio-chart Makes it look like the US peaked at Sep 2000 and has been downhill ever since. Doesn't track at all with GDP which has almost doubled since 2000. I.e. it doesn't track with growth, but does track with dollar index somewhat, which makes sense because it's tracking a dollar v…

> Isn't this the real chart to look at for that? No, the perplexity chart is actually a really bad one to look at. It tracks a derivative of gold from 1975 onwards from which the S&P already accrued over 350% in returns. They also started the gold derivative off at a price of $178 while using the initial price of $17.57 to calculate S&P returns. > Personally I am about $10M USD poorer for listening to people on the i…

Any advice that you both understand and fits perfectly into your mental model is probably coming from whatever dogma you already follow and is therefore useless.

Any advice you don't understand is, of course, useless.

Any advice you do understand but doesn't fit into your mental model will just get rejected.

“I always pass on good advice. It is the only thing to do with it. It is never of any use to oneself.” ― Oscar Wilde

Although certain "advice" is actually SOP, in that case it is good to know (like stop, drop, and roll).

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

#826

Post by jmyeet »

lenkite wrote: post #817
jmyeet wrote: post #783

Earlier quoted context omitted.

I'm an historical materialist. That means I don't believe religion, ethnicity or political philosophy ever drives international conflict. It's always, always, always material interests. Those other things are just an excuse, something to rile up the populace into supporting the government and dying on the front line. So some think Duginism and a Greater Russia is driving Putin's expanionist activity in Ukraine (inclu…

> But NATO was never going to expand to include Ukraine. Agreed on all points but this. This is just factually wrong. Ukraine formally declared its intention to pursue NATO membership which was accepted by the NATO council. The most significant early push occurred at the Bucharest Summit (April 2008). Ukraine (along with Georgia) requested a Membership Action Plan (MAP) - the standard preparatory program for aspiring…

Der Spiegel has a report detailing the efforts of Germany (particularly Merekel) and France (under Sarkozy) actively blocking any efforts to block Ukraine from joining NATO [1]:

> [2008] was the year that Ukraine was likely closer to becoming a member of the Western alliance than ever, before or since. United States President George W. Bush stood solidly behind Kyiv's accession. But the effort failed, as Zelenskyy made clear, due to the opposition of Merkel and Sarkozy – and an "absurd fear" of Russia. Because of this "miscalculation," the Ukrainian president continued, his country is facing "the most terrible war in Europe since World War II."

There were other European members who had objections or serious reservations.

> Ukraine's parliament repealed its non-bloc status and amended its constitution to enshrine irreversible pursuit of NATO

There was also a period under Yanukovych (a Russian puppet, to be clear) that repealed those efforts, which again changed after the revolution in 2014-2015.

The Vilnius Summit took place in 2023, a year into the war with Russia. As such, I consider it empty platitudes. For one thing, no country can join NATO with active border disputes. I don't see that ever happenign simply because Russia will start a border dispute to avoid that happening.

Even Zelensky recognized the plan as "absurd" [2].

[1]: https://www.spiegel.de/international/europe/ukraine-how-merk...

[2]: https://www.pbs.org/newshour/world/zelensky-calls-nato-plan-...

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

#827

Post by Cold_Miserable »

ifwinterco wrote: post #714
mullingitover wrote: post #697

Earlier quoted context omitted.

The British didn't really make unforced errors like Germany did, though. They mostly were forced into a fire sale situation as they were fighting for their lives. Even with everything they sold off, they were still within an inch of surrendering. The French story is similar. They may have been in a slow decline, but the war threw them off a cliff. It's hard to look at what the US is doing and not become extremely ang…

I agree but the difference between the French and the British is the French really didn't have a choice (they got physically invaded). You could make a very good case that for Britain entering into WW1 was a catastrophic and ultimately unnecessary decision. And you could make a (much more controversial but I think also true) case that entering into WW2 was also not necessary and ultimately fairly catastrophic. Yet th…

Britain should have stayed neutral like Sweden and Switzerland instead of getting economically devastated.

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

#828

Post by [deleted] »

Workaccount2 wrote: post #724
ppqqrr wrote: post #705

Earlier quoted context omitted.

yeah, he’s a real populist with the <15% that wants the federal boot on everyone else’s neck. i think there’s a name for that specific type of “populism”.

Don't come to me if you weren't aware that populism is a left/right spectrum.

[deleted]

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

#829

Post by roenxi »

datsci_est_2015 wrote: post #819
roenxi wrote: post #676

Earlier quoted context omitted.

> - Even policymakers who have publicly admitted that Iraq was a massive intelligence and political failure all agree that regional stability was always the main goal. And in their spare time they pretend to sell bridges to people? Nobody sane would believe that invading a country promotes regional stability. The idea is absurdist, the point of invading a country is destabilising it and disrupting any power that the…

> Nobody sane would believe that invading a country promotes regional stability. Then you should read about some of the biggest influencers in US foreign policy since WW2. There’s one guy whose entire career was spent essentially trying to convince the president / military brass to bomb enemies into submission: https://en.wikipedia.org/wiki/Curtis_LeMay I’m sure you’ve also heard of Henry Kissinger. Anyway, pretty st…

Are you suggesting that LeMay or Kissinger believed that invasions promoted regional stability? On what basis? When Kissenger wanted stability he famously promoted détente with Russia and negotiating with the Chinese.

Kissinger did a lot of evil stuff, but a big part of his thinking was when he wanted an area wrecked he sent in an army, and when he wanted stability he negotiated.

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

#830

Post by ppqqrr »

Workaccount2 wrote: post #724
ppqqrr wrote: post #705

Earlier quoted context omitted.

yeah, he’s a real populist with the <15% that wants the federal boot on everyone else’s neck. i think there’s a name for that specific type of “populism”.

Don't come to me if you weren't aware that populism is a left/right spectrum.

if you wanna cheer for fascism, you should do so openly. no one is fooled anymore, and no one will think any higher of you for being in denial about it
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