Re:Europe Finally Has an Excuse to Challenge the Dollar
by miracle2k on Wednesday September 26, 2018 @05:40AM
(#18074300)
Certainly sanctioned or fined European banks would have the ability to challenge the measures in a US court.
On the other hand, sanctions on a state are usually met with an equivalent response, and the only question is how powerful the other side is. In the case of the EU, the answer is, not powerless.
Look, the US has a lot of cards to play. But randomly bullying banks who didnt do anything wrong, as per your suggestion, is not a particularly effective one, so they won't do that.
On the other hand, sanctions on a state are usually met with an equivalent response, and the only question is how powerful the other side is. In the case of the EU, the answer is, not powerless.
Look, the US has a lot of cards to play. But randomly bullying banks who didnt do anything wrong, as per your suggestion, is not a particularly effective one, so they won't do that.