Re:U.S. stock futures tumble indicating another plummet on W...
by triceratops on Monday April 07, 2025 @12:51AM
(#43607827)
But now everyone has the same problem getting dollars because everyone's got tariffs. The EU and their non-American suppliers. If said suppliers need dollars to pay back dollar-based debts, and those debtors aren't in the US, then they are also tariffed. Maybe they're all open to re-denominating debts and contracts in a currency that is easier to obtain and spend.
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Re:U.S. stock futures tumble indicating another plummet on W...
by TaurenHunter on Monday April 07, 2025 @01:27AM
(#43608051)
Sure, there is a greater incentive now to depart the dollar system.
But that would be a monumental shift and the path to that goal is a nightmare with all kinds of challenges.
Rewiring the entire system would take a decade or more.