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by 0xDEF 1165 days ago
>de-dollarization

American social media has been surprisingly loud in their predictions about the total imminent collapse of the US dollar and economy since February 2022.

As a European I would like cheaper American products and services caused by a weakened US dollar. But I don't see it happening yet. The US dollar is still strong, American companies are still competitive, and the S&P500 is a lucrative ingredient in most European pension funds.

1 comments

Maybe but I think France's Macron has spooked a lot people who do global strategy. That's the only big thing I can think of in the news, that might be why I've been asked to start de-dollarization research and related business research.
Macron has no say in anything outside France. Even his closest allies, fellow EU members, have unanimously told him to STFU with that sucking up to China from what I've seen, including their biggest economy, Germany. Macron's time would be better spent dealing with the riots sweeping his country than trying to distract from them by pissing on the United States and sucking up to China. Your global strategists may not be the finest in the business if they think Macron talking shit is going to make even the slightest global difference.