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Re:The Dollar Is Dead by treetalker on Sunday August 03, 2025 @04:18PM (#44779407)
As a counterpoint, confidence in US courts (particularly the federal courts) is rapidly declining — both among the public and among those who operate within the court systems.
Re:The Dollar Is Dead by A_D_E_P_T on Sunday August 03, 2025 @04:36PM (#44779548)
As somebody who has been involved in civil actions in Federal Court, I can assure you that it deserves zero confidence and is basically pay-to-win. (Unless two billion-dollar-plus corporations are involved.) This is largely, but not only, on account of discovery taking years and costing unbounded sums of money, plus monetary penalties for not complying with expensive discovery.
Re:The Dollar Is Dead by qingcharles on Sunday August 03, 2025 @05:06PM (#44779813)
I would second this. I would add that the federal court system is far ahead of the state courts, in that the federal trial courts at least put out reasonably well-written decisions on hearings, whereas the county courts generally just hand-wave everything in emotional verbal rulings.
Re:The Dollar Is Dead by ofalkaed on Sunday August 03, 2025 @04:22PM (#44779434)
This is about how the courts operate with regards to international business disputes, US has proven record about being impartial in these matters.
Re:The Dollar Is Dead by ioasuncvinvaer on Sunday August 03, 2025 @04:58PM (#44779738)
Even if that is true, the US's proven record does not include the current administration.
Re:The Dollar Is Dead by ofalkaed on Sunday August 03, 2025 @05:20PM (#44779921)
It excludes the current administration, the separation of powers goes a long ways here to help insure things are not overly influenced by internal politics. Worst case is you stall until things change, which is not much of an issue when dealing with the amounts of money that matter in these cases.
Re:The Dollar Is Dead by redserk on Monday August 04, 2025 @10:02AM (#44785896)
I don't think our system of separation of powers was designed with the modern political party system we currently have in mind.
Re:The Dollar Is Dead by schrodinger on Sunday August 03, 2025 @04:23PM (#44779436)
That’s true, but doesn’t necessarily contradict the question posed. Is any other country _better_ in both of those dimensions?
Re:The Dollar Is Dead by 827a on Sunday August 03, 2025 @04:41PM (#44779589)
That depends on what kind of media you consume. Feeling isn't really a good indication of reality.
Re:The Dollar Is Dead by treetalker on Sunday August 03, 2025 @04:53PM (#44779692)
I'd be interested to look at any studies (or even opinion pieces) that indicate either that confidence in the courts is remaining unchanged (compared either to recent or historical levels) or that it's increasing.
Re:The Dollar Is Dead by 827a on Sunday August 03, 2025 @05:17PM (#44779896)
Agreed, that would be interesting to see if the methodology were sound. The problem is naturally that measuring "confidence in the courts" is almost inherently a methodologically difficult thing to do.

Additionally: shortage of confidence in the US Courts isn't a new thing. The reality of the US Courts system is: Money wins, and its been like this for the entire life of essentially all Americans alive today. This is, actually, rather convenient and good if you take the view that faith in the US courts system is a critical component of the US Dollar's global reserve status. If money controls the courts, and courts support the money, that's a pretty nice virtuous cycle. But, for the People; its been hit-or-miss for a long, long time.

Re:The Dollar Is Dead by Tadpole9181 on Sunday August 03, 2025 @05:15PM (#44779884)
The economy and markets of made of people with feelings. Perception is an important part.