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Being the reserve currency is not relevant to the industrial trade war underway. The US's power here is in its consumer market and its ability to impact other n
by rswail 7y ago
Being the reserve currency is not relevant to the industrial trade war underway. The US's power here is in its consumer market and its ability to impact other nations by threatening them with secondary boycotts.
EU companies have no reason not to trade with Iran under the JCPOA, but US law says that any company that does cannot trade with the US. That's not the currency controlling, it's the trade.
There may be legitimate security concerns about 5G and its ability to be penetrated. On that basis, doesn't that mean that the design of 5G is inherently flawed?
That is the issue.