Europe has an existential threat (ruzzia).
As long as that’s a threat, euro will never be global
wizgset27 on
Yes!
Europe can pretty much pull ahead right this second by grabbing the lead from the US and deal with Putin and protect Ukraine.
Triple the aid to Ukraine. And implement end game sanctions to squeeze the life out of Russia.
Once Ukraine wins and retake all of its territory, Europe would overtake the US in international influence IMO.
Redditforgoit on
I don’t know, but from the pic, Scandinavia still looks rather flaccid.
TheGreatestOrator on
lol the EU could hardly agree on Covid aid and has had a stagnating economy for the last 15 years. We aren’t replacing anything. What a dumb article
TheGaelicPrince on
The € could be a force for good but we have to be willing to respect sovereign countries.
Wirtschaftsprufer on
Yes, but no
Littlepage3130 on
“To grasp the current situation, it’s useful to revisit Charles P. Kindleberger’s theory of hegemonic stability, as outlined in his book *The World in Depression: 1929–1939*. Kindleberger’s theory suggests that a dominant **global** power is essential for maintaining an open and stable international system.”
That’s the thing, if you presume that there will always be an open and stable international system, then of course you assume that some entity is going to replace the US as hegemon. That seems to me to be very naïve. First it presumes that somebody will rise to the occasion and prevent the world from falling into chaos, but second it assumes that the US wouldn’t actively undermine that.
No_Boysenberry4825 on
I hope so. The EU / Canada / Australia/ NZ / SK / Japan need to take the lead. We need to cooperate. We need to defend democracy, the rule of law and human rights. If we fall, freedom ends.
Any-Original-6113 on
If the EU does not have the same military strength as the United States, then the euro will not become the dominant reserve currency like the dollar.
Ready-Nobody-1903 on
That would take a sea-change, but I’d welcome it
Ok-Presentation-4147 on
If all European members are adopt euro, then possible. But many key players are outside of Euro.
12 commenti
No is the simple answer.
Europe has an existential threat (ruzzia).
As long as that’s a threat, euro will never be global
Yes!
Europe can pretty much pull ahead right this second by grabbing the lead from the US and deal with Putin and protect Ukraine.
Triple the aid to Ukraine. And implement end game sanctions to squeeze the life out of Russia.
Once Ukraine wins and retake all of its territory, Europe would overtake the US in international influence IMO.
I don’t know, but from the pic, Scandinavia still looks rather flaccid.
lol the EU could hardly agree on Covid aid and has had a stagnating economy for the last 15 years. We aren’t replacing anything. What a dumb article
The € could be a force for good but we have to be willing to respect sovereign countries.
Yes, but no
“To grasp the current situation, it’s useful to revisit Charles P. Kindleberger’s theory of hegemonic stability, as outlined in his book *The World in Depression: 1929–1939*. Kindleberger’s theory suggests that a dominant **global** power is essential for maintaining an open and stable international system.”
That’s the thing, if you presume that there will always be an open and stable international system, then of course you assume that some entity is going to replace the US as hegemon. That seems to me to be very naïve. First it presumes that somebody will rise to the occasion and prevent the world from falling into chaos, but second it assumes that the US wouldn’t actively undermine that.
I hope so. The EU / Canada / Australia/ NZ / SK / Japan need to take the lead. We need to cooperate. We need to defend democracy, the rule of law and human rights. If we fall, freedom ends.
If the EU does not have the same military strength as the United States, then the euro will not become the dominant reserve currency like the dollar.
That would take a sea-change, but I’d welcome it
If all European members are adopt euro, then possible. But many key players are outside of Euro.