• eldavi@lemmy.ml
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    9 hours ago

    $5 says that this is a ploy to get trump to soften his trade ware rhetoric with the eu; once (and if) democrats retake control, they’ll switch back since sinophobia is virtue in the west.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      9 hours ago

      The question is whether the EU can actually survive the next four years. My bet would be that there’s not a chance in hell of Trump softening his policy because he viscerally hates EU on a personal level. These people openly made an enemy out of him, and he’s a very petty man.

      • eldavi@lemmy.ml
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        9 hours ago

        france and germany have a better chance at keeping their fascists out of their government than the united states; if they manage to keep that firewall up and keep importing russian energy through back doors, i can see them surviving.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          8 hours ago

          Seems like both France and Germany are taking a hard right actually, with RN and AfD being the most popular parties respectively. They do both want to restore relations with Russia however, and that would be a path for France and Germany to survive. However, I expect that the EU centre is going to collapse, and without either France or Germany the EU is as good as dead anyways.

          • eldavi@lemmy.ml
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            8 hours ago

            the RN and the AfD were the fascists i was alluding to and i’m drawing hope from episodes like the french left & liberal voters unifying against the RN to win their last election and the german conservatives & protesters alike rejecting their leadership’s intriguing with the AfD.

  • MisterD
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    9 hours ago

    Thanks to trump, the US will cease to be the reserve currency in 10 years of less. China will LOVE to control the world’s reserve currency.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      8 hours ago

      Highly unlikely that China would have any desire for the yuan to become a reserve currency since they want to be able to control its value on the global market. What’s far more likely is that we’ll see a BRICS backed currency along the lines of Bancor that Keynes advocated for emerge.