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Trump and Vance destroyed whatever credibility the US had. They handed the next century to China. China will now court Europe and if this continues, China's c
by jmclnx 2y ago
Trump and Vance destroyed whatever credibility the US had. They handed the next century to China. China will now court Europe and if this continues, China's currency will probably replace the US Dollar as the world reserve currency.
When that happens, the US will face inflation similar to Germany in the 1920s and 30s.
- rich_sasha 2y agoI wonder at what point China becomes not just a more pragmatic, but also ethically superior partner to Europe. Are we already at that point? Not sure, maybe not. But we're clearly circling close to it.
- benterix 2y agoNot ethically superior yet, but for sure more stable. If your partner is unstable, it's difficult to do anything as they can basically change their opinions overnight.