4 ms·
> It might provide a big boost for China's efforts to get the world off the dollar standard. At this point who cares about US dollars? I'm sure Europeans car
by dismalaf 2y ago
> It might provide a big boost for China's efforts to get the world off the dollar standard.
At this point who cares about US dollars? I'm sure Europeans care more about Euros.
- dash2 2y agoIt’s the opposite. The US economic boom has seen EUR/USD fall to near parity.
- dismalaf 2y agoYes. But now that the US is the enemy of the free world Europeans are likely going to look to divest from the US and take care of themselves. Meaning Euro first, and likely giving preference to non-US countries in matters of trade.