• gravitas_deficiency@sh.itjust.works
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    3 months ago

    Reposting:

    It’s not fucking “strange”.

    It’s Canada, Japan, the EU, and our other former allies retaliating against the US trying to use absolutely asinine and ham-fisted tariffs as a cash grab/shakedown by engaging in strategic retaliatory fiscal policy.

    This is actual 4D geoeconomic chess. Because if orangeboi doesn’t listen and they keep going, the USD standard goes away.

    • Initiateofthevoid@lemmy.dbzer0.com
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      3 months ago

      Of course it’s not strange. It’s not even necessarily retaliation! It’s just smart business. The US is not reliable or stable, and the dollar is not reliable or stable. Neither are good investments right now.