>>214268611
Hijacking your thread to clear the situation:
The dollar is the reserve currency because it is stable, it is stable because america has a major military industrial complex that at the same time is backed by a massive tech and Oil reserve (and ofc natural resources)
Oil is meanigful because it is what is used to fight wars.
And war threat is used for cohersion which enables market invasion
Europe not only has no MIC
It is actively losing its colonies (or neocolonies, but even pulling back outof overseas territories) in africa as seen with france in mali.
So the Euro wont just not become a reserve currency (why would a business even want a highly surveyed currency moving through state owned payment processors lmao.
These people launders money)
It will keep declining as europe is overshadowed in global relevance by indo-china
Which is where the major economic boom of our era is happening, where the manpower is, and by extent the most capacited people to further develop tech.
Plus they have natural resources.
Cheers