pull down to refresh
46 sats \ 6 replies \ @Undisciplined 3 Apr \ on: German Economy Minister - Trump Will "Buckle Under Pressure" econ
I think this is just theater for their constituents who don't understand how irrelevant Europe has become.
I tend to agree, but maybe this might be the kick in the ass Europe needs?
reply
What are they going to do?
reply
Increase trade with China.
Cease being militarily and monetarily tribute states to the USA.
Reduce USD and US Treasury holdings and increasingly denominate trade and reserves in Euros and Yuan.
China has the mBridge digital trade payments protocol and other alternatives to USD SWIFT ready and waiting.
reply
I thought this is what the (us) administration wanted
reply
US is sending mixed messages - seems to want to have its cake and eat it.
Pushing other nations closer to China while insisting it retains USD/SWIFT trade payments hegemony and seiniorage.
reply
I know right? It doesn't make any sense...
I saw the article about the US wanting Europe to 'go its own way' and 'pay its own way' on defense... so they are.
They want to make their own weapons. Now the Trump administration is surprised?