Earlier quoted context omitted.
> War with the US isn't a clear cut "good vs evil" situation as the EU vs russia would be I don't think EU vs Russia would be a "good vs evil" situation. Russia/US seem pretty similar to me, dictatorship/propaganda with a majority of the population being regular people not in favor of any war, and 30% of indoctrinated people.
Russians were and are pro war by all reports.
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)
#912Earlier quoted context omitted.
I agree the dollar is uniquely successful, but the Pound ended convertibility in 1931, and limped as a reserve currency into the 70s. While not a reserve currency, another example is Chinese currencies like the second zhiyuanchao going off silver convertibility, which lasted for a bit over 50 years.[1] When the Dutch for example did try to go off a metallic standard it was essentially a last ditch effort as they were…
Thanks for a good reply with lots of interesting historical examples. I think your conclusion is sound. I suppose this is a likely counter scenario to my assertion that nothing will replace the dollar, but rather that it will be partially replaced by a little bit of everything over the course of decades.
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#913Earlier quoted context omitted.
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
https://en.wikipedia.org/wiki/Trumpism 3rd sentence. I guess take it up with the "fascists" who wrote the article? lol