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The US enjoys a massively strong dollar as the world's reserve currency and all the economic discounts that entails primarily because governments around the wor
by sfifs 3y ago
The US enjoys a massively strong dollar as the world's reserve currency and all the economic discounts that entails primarily because governments around the world believe they will deal with trade disruptions through their unrivaled monopoly on violence. The US would face significant trouble economically if that goes away.
Already the lessons taken by all senior politicians and bureaucrats globally from the US and Western Europe turning a blind eye to the original occupation of Crimea and Eastern Ukraine is that everyone needs access to an option to rapidly acquire nuclear weapons and to never give them up if you have them. You may have forgotten amidst the news cycles that the first inclination of the West was to offer Zelensky a ride out of Kyiv rather than defend it from Putin's occupation but I assure you no government has forgotten.
Why do you think Saudi Arabia is now actively establishing relationships with Iran - because they somehow suddenly realised that they should put aside their 1300 year old Shia - Sunni conflict for humanitarian reasons?