Europe exporters were winning on Monday as U.S. futures dropped

  • manxu@piefed.social
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    2 days ago

    Back in the day, the Bush administration increasingly understood it couldn’t do much about China because they needed the money to keep interest rates low. The Trump administration has decided it can bully Europe into submission while needing Europe’s money to keep interest rates low.

    America is going to come to regret this.

    • Melchior@feddit.org
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      2 days ago

      Not just that, but also military power. Europe has six aircraft carriers and more then enough ships to form large battle groups. Even better shipyards able to produce a lot more. Also a powerfull airforce and army, which absolutly is able to make a huge difference in any US China war.

      • Damage@feddit.it
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        2 days ago

        I’m not as negative as others are in regards to European armed forces, but you really shouldn’t count on our aircraft carriers. They’re kinda ridiculous.