Comment by notahacker

Do central banks really asses the risk of total collapse of the Euro (only) in response to Russia's currently frazzled military launching an invasion against NATO borderlands which NATO fails to mount any effective defence as higher than than the risk the current US administration freezes assets for arbitrary and capricious[1] reasons?

In practice, of course, most countries are willing to accept both risks.

[1]a lot of states that can be reasonably confident that they won't provoke the US in the manner Saddam Hussein or Putin did whether they're friendly or not can be rather less confident the current president won't take extreme measures in response to something completely innocuous like jailing someone for domestic corruption, being a source of emigrants to the United States or maintaining a trade surplus...