Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Economy? No, no economy can back up EU or USA.

Btw, last decade has shown USA is not a global police anymore.




Foreign nations need USD because global trade is conducted in USD. Global leaders are arguing about this right in this very moment, BRICS feel they might leave the dollar without fear of being bombed. The EU has no military means to backup their currency exchange rate, only import and export. And if more Europeans are moving their spending abroad, that will diminish the value of EUR.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: