Storm clouds gather over America's financial supremacy

Discussion (9 Comments)Read Original on HackerNews

clayhacks•about 1 hour ago

The article doesn’t mention it, but related is the global share of the US dollar as the reserve currency has been on a steady decline. Between that and the new payment structures discussed in this article we are rapidly approaching an era without American control on global financial systems. Which is a significant lever for soft power and non-military interventions

inference-god•about 1 hour ago

Yeah, Americans will have to feel the same way as everyone else, basically not having access to unlimited credit. Have fun with it.

At least the libs were owned though :)

johnea•19 minutes ago

Truly.

"Make the libtards cry"

Was enough of a hate monger campaign promise to put the most blatantly corrupt president in US history in office.

The descent of the US population into abject idiocy has been striking.

archonis•9 minutes ago

Smartphones in dumb pockets made it all possible.

mertbio•about 1 hour ago

Not sure how visible by the people in the US but a lot of companies and governments in Europe are working on many projects to decouple from the American companies for the critical infrastructure.

Visa and Mastercard were mentioned in the article but I would also add PayPal into the list.

pseudolus•about 2 hours ago

https://archive.ph/FKgMx

Havoc•about 1 hour ago

Was always gonna happen, but recent US unreliability has definitely accelerated it

hirvi74•33 minutes ago

I suppose if one makes this prediction every year, he or she is bound to be right eventually.

inference-god•about 1 hour ago

How weird, strange ?

Storm clouds gather over America's financial supremacy

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Discussion (9 Comments)Read Original on HackerNews