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> Brain-draining the world is really the key to cementing American Hegemony in a post-Cold War world. One of the keys. Others are the USD as the defacto world
by matwood 2y ago
> Brain-draining the world is really the key to cementing American Hegemony in a post-Cold War world.
One of the keys. Others are the USD as the defacto world reserve currency, the ability to project military might anywhere, and the US's ability to keep other countries from growing their militaries too much (making the other items in this list easier to manage). The US is quickly throwing all this away though.
- consp 2y agoNot the any% speedrun I think I was going to see but definitely the top runner right now. While the USD is still the de facto reserve currency for some, many larger countries and blocks have made sure they are not reliant on it. Up to the point where weakening or strengthening the value of the dollar is far less than a power it used to be.
- rat87 2y agoThey are reliant on it. The US is still the currency used for trade. The world economy is tied to the dollar and outside of countries we've sanctioned no country has made large steps towards using something else because using something else would be more complicated and would cost them money
- cookiemonsieur 2y ago> They are reliant on it. The US is still the currency used for trade. The world economy is tied to the dollar and outside of countries we've sanctioned no country has made large steps towards using something else because using something else would be more complicated and would cost them money What happens when you "sanction" a significant portion of the world because they don't share your "values" or want to play ball elsewhere ? Well guess what ? These countries will inevitably look at each other and form their own trade routes and alliances. Unfortunately, no hegemony is eternal.
- rfrey 2y agoWhat sanctions are you referring to?