Comment by crote
11 hours ago
Yes, and Europe will start confiscating European assets of American companies. Your point being?
> The military is irrelevant as long as usd is the reserve currency most countries use.
The USD is rapidly losing this status, though. The current president's policies has turned the US into an extremely unreliable trade partner, so more and more trades are being done in EUR.
> Yes, and Europe will start confiscating European assets of American companies.
At this point, they should do so. With America weakened and behaving erratically, this is a good time for Europe to assert itself and put America in our place.