Come l’euro può sostituire il dollaro
https://prospect.org/economy/2025-04-14-how-euro-can-replace-dollar/
di Majano57
Come l’euro può sostituire il dollaro
https://prospect.org/economy/2025-04-14-how-euro-can-replace-dollar/
di Majano57
18 commenti
Don’t mean to pour cold water over this idea, but if the reserve currency is changing, it wouldn’t be to the Euro, it would be to the Yuan.
Whatever you do, please no more limbo-dancing Euro.
If europe wants to keep the manufacturing industry, making Euro as the world currency is bad idea.
It would be a lot easier and stable if more countries (like canada) were brought into the union and adopted the currency.
If the US economy falls apart, then the EURO will be the most likely next currency. We saw this in 2008-2016 timeframe as reserves in countries moved around.
However if this happens, EU needs to invest heavily in it’s economy. The demand for bonds will likely push interest to 0% as happened in the USA, and that leads to the EU needing to effectively expand spending everywhere.
Euro Will be one of the currencies that Will replace the dollar Dont think it is in EU interest to have the global currency
Bitcoin and yuan Will Obviously also be very importante
I think not having a single currency being the one that rules them all would be a better approach.
Gaddafi and Hussein wanted to switch the Oil Dollar to the Oil Euro..
Look what happened to them
Im not sure it can, Europe would need the clout to actually see it through. They would have to contend with an actually hostile US, which attempting a global revolution against their currency would lead to significant economic and political tension. If the Americans somehow didn’t invade/carpet bomb/regime change across Europe then the EU will be competing against the Chinese and global South, both of which are very skeptical of European powers and would be eager to avoid further western hegemony. Given the current situation with Russia, if you are a non western government why would you ever keep significant reserves in Europe to just be siezed if you run afoul of the political current and risk their seizure
When the Western Hegemony falls, the rest of the world will not be eager to put on the yoke again.
We really don’t have to be the world reserve to fund a better energie infrastructure, and we have a level of unified infrastructure already and throwing money at it won’t really solve that.
If you want to be gas free (so fuck America and Russia) you need to improve the quality of housing. We have to many old houses in Europe that uses gas to heat homes.
Yeah keep dreaming. That will never happen.
Heh keep dreaming
I just want economic stability and stop reading stupid news from mango Mussolini everyday
Not sure if this is a good thing for the EU economy. This would increase the value of the € and therefore our export prices
Claim that position, for sure europe need to invest in a strong military power, and be capable of project that power anywhere in the globe.
It’s not all about economy.
It’s a complete fantasy.
At the moment it literally can’t. There’s not enough euros in siculation.
>In order for a currency to be used internationally, it—or assets based on it—must be available in large quantities. Massive borrowing means trillions of dollar assets available around the world in the form of U.S. government bonds.
I don’t get what the autor is talking about: Now, the dollar is not the currency but the U.S. government bonds are??? So, for example, a company buying a ship-load full of gas says: “Here, i pay you with in 1million dollar equivalent in government bonds. BTW: They’re due in 10yers, so it’s your risk if they hold that long”? Never heard of that.
Or do they trade the bonds at the market? But then they can trade against whatever currency they want, or if they get paid out, they can quickly exchange it to whatever currency they need. What does it have to do with holding amounts of real dollars?