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A comment on Could Europe Defeat America in an All-Out War?. Parent comment

Re:Could Europe Defeat America in an All-Out War? by fjfaase on Sunday January 18, 2026 @09:22AM (#46667996)
In case of a war, the USA will go broke due to the enormouse state dept and the USD will crash. That dept is largely owned by EU countries and the PRC due to trade deficits.
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Re:Could Europe Defeat America in an All-Out War? by Zigurd on Sunday January 18, 2026 @12:14PM (#46669735)
Correct. Europe could adopt Keynes's "bancor" within months and that would be more devastating than dropping a bomb on DC.
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Re:Could Europe Defeat America in an All-Out War? by JPLeRouzic on Sunday January 18, 2026 @10:26AM (#46668554)
That the USD may crash during war time is not important, it's not the same economic rules that apply during war time and if USA wins that crash will not be important.

But from now most nations and other economic investors will be hesitant to buy USA's debt, as its behavior is less and less predictable. The main problem is what to buy instead.

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