World News

35624 readers

611 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

Pentagon considering proposal to cut thousands of troops from Europe, officials say (www.nbcnews.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 2 weeks ago (2 children)

Good. One of the only reasons left to keep the US dollar as the standard currency is the bases they have stationed around the world. If they shut them down, countries will get to move to something else. Hopefully not the yen.

[–] [email protected] 4 points 2 weeks ago* (last edited 2 weeks ago)

The Japanese economy is in a long decline, and Japan is a US vassal, so I wouldn’t worry about the yen becoming the world’s reserve currency.

https://en.wikipedia.org/wiki/Plaza_Accord

[–] [email protected] 2 points 2 weeks ago* (last edited 2 weeks ago)

Nah, Yen is maybe not yet dead and buried, but even if US GTFO from there tomorrow, and Japan start economic resurgency, that resurgency will not only be way too slow, but it can be done only in cooperation and relying on China.