EU's Plan to Challenge Dollar Dominance

[Sarn]

EU's Plan to Challenge Dollar Dominance Won't Work Without Russia – Economist
https://sputniknews.com/analysis/201...dollar-russia/

EU pushes euro to break dollar dominance
https://www.rte.ie/news/business/201...uro-dominance/

Xinhua Headlines: EU sets out to break monopoly of U.S. dollar
Xinhua Headlines: EU sets out to break monopoly of U.S. dollar - Xinhua | English.news.cn

Plans to reduce European Union dependence on the US dollar – and so improve the bloc’s ability to run an independent foreign policy that is less exposed to US sanctions – were unveiled on Wednesday by the European commission.
https://www.theguardian.com/world/20...-new-proposals

Good plan move Oil trade from the dollar into euro an yuan, THANKS OBAMA

[Biggie Smalls Web Writing]

As long as there are wars with Russia and EU countries involved, USD will remain #1

[BaldBastard]

Its Putin's dream, read Russian propaganda sites their pushing it almost daily to the population and have been for some time.

What Russians need to understand... USD or Yuan, will have NOTHING to do with Russia, your a 3rd world aggressive country and will be told what to pay in, China would fuck you 10x harder than the USA will.

But keep the dream strong.. sip some more vodka, its all you have..

[Sarn]

Originally Posted by MrBaldBastard

Its Putin's dream, read Russian propaganda sites their pushing it almost daily to the population and have been for some time.

What Russians need to understand... USD or Yuan, will have NOTHING to do with Russia, your a 3rd world aggressive country and will be told what to pay in, China would fuck you 10x harder than the USA will.

But keep the dream strong.. sip some more vodka, its all you have..

I don't know about Russia but Australia will be fucked by China

[AdultKing]

Originally Posted by Sarn

I don't know about Russia but Australia will be fucked by China

Australia is the only country in the world that doesn't have a trade deficit with China.

We export double the amount to China than we import and that's only goods.

We export 7 times the amount in services to China than we import.

Australia, in a crunch, could shut China down simply by cutting off iron and coal.

[Sarn]

Originally Posted by AdultKing

Australia is the only country in the world that doesn't have a trade deficit with China.

We export double the amount to China than we import and that's only goods.

We export 7 times the amount in services to China than we import.

Australia, in a crunch, could shut China down simply by cutting off iron and coal.

China take more goods than give for AU - ok) I understand