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by anal_reactor 480 days ago
> It's a helluva vacuum being created, and I'm not particularly optimistic about what's going to fill it.

The biggest asset of the US was that it was a trustworthy business partner. US would fuck you over, but in 90% of cases within the limits of law. Dollar is the world's currency because long-term, it's the most stable currency. And so on.

I think that only Europe has the established institutions to replace the US. Yes, China is powerful, but China is not trustworthy enough to make long-term deals with. Yes, Europe is a much worse option than the US, but it's the second-best thing. Now, if Europe also falls to authoritarianism, then modern world as we know it will end.