Yeah, the odds are slim of the Euro successfully doing it. But they’re the only ones really in a position to.
Tenderizer78
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It needs to be a country with stable financial institutions and a strong interest in “business confidence”. Otherwise people wouldn’t feel that their assets are safe.
Tenderizer78@lemmy.mlto Gaming@lemmy.ml•what is going on with all the system requirements in games?English1·5 hours agoAll the better to help me sort through my backlog and wishlist.
I meant dictatorship, I have fixed it. Generally dictatorships can’t really correct course when they’re making errors, in terms of the institutions they’ve built they’re failing to do that but in terms of policy they are generally correcting the mistakes they make (albeit slowly).
Tenderizer78@lemmy.mlto Technology@lemmy.ml•How Trump is helping China extend its massive lead in clean energyEnglish7·1 day agoTrump cancelling renewable energy projects already started is a danger to the world’s climate, and on top of that he’s restricting imports of Chinese renewable technology. The silver lining is that this will probably drive up energy prices and result in a lot of manufacturing being offshored.
Both can be true. Over time the Soviet Union economy got worse because there was no corrective mechanism. A lot of the leadership (especially Stalin) was more interested in maintaining their own power than governing effectively. The Soviet Union being subject to US interference couldn’t be a democracy, but it’s difficult to correct errors in the economy without democracy.
China has managed to overcome the issue of dictatorships, and it’ll be interesting to see what’ll happen as America shoots itself in the foot.
The BRICS currency would be a single currency, administers by an assortment of countries. In essence the BRICS currency would be just like the Euro but with an international pariah (Russia) and a country with a history of heavy-handed policy towards business (China) being major players.
If anything the Euro would need to do it. Europe, Canada, Japan, they won’t trust a BRICS currency. Within BRICS it might work but it wouldn’t replace the dollar in that case. The main point of being the world reserve currency is the feedback loop of “stability and adoption”.
Tenderizer78@lemmy.mlto Linux@lemmy.ml•Linux phones are more important now than ever.English2·2 days agoJust gotta work out how to get internet on the pocket computer, so I can do mobile banking and cab bookings on the go.
Tenderizer78@lemmy.mlto Technology@lemmy.ml•China’s new floating wind power tech may rival traditional windmills: engineerEnglish3·2 days agoYeah, that does seem to be the prevailing wisdom.
Tenderizer78@lemmy.mlto Technology@lemmy.ml•China’s new floating wind power tech may rival traditional windmills: engineerEnglish61·3 days agoSomething so unstable couldn’t possibly replace wind turbines. Unless it can handle being tossed about in hurricane force winds.
Tenderizer78@lemmy.mlto Technology@lemmy.ml•Google’s $45 Million Contract With Netanyahu's Office to Spread Israeli PropagandaEnglish5·3 days agoThat’s so cheap. $45 million is chump change. They earn 2,000 times that (profit) in a year.
Tenderizer78@lemmy.mlto Memes@lemmy.ml•Why this doesn't make anime more popular, I'll never know.English1·7 days agoI think western animation has started to overtake anime for quality.
Bojack Horseman and The Amazing Digital Circus offer things I could never hope to get from anime short of 3-gatsu no Lion, namely in the writing department. The nuanced characters common in adult animation (meaning “western adult animation” since all anime is “adult”) aren’t common in anime. Probably because I drop any anime that demonstrates any conflict without english-language humour to soften it.
And there’s so much adult animation nowadays and I’ve tried far less of it than I should, since I’m boycotting everything American and not keen on picking up a new American-centered hobby.
Tenderizer78@lemmy.mlto Memes@lemmy.ml•Mayb if they werent so drunk on the US's ChInA BaD koolaid they'd have som senseEnglish1·8 days agoAmerica is an extremely natural trading partner, an overwhelming military threat, and right next door to all of Canada’s major cities.
They, more than any other country, need to walk a tightrope.
Tenderizer78@lemmy.mlto Memes@lemmy.ml•Mayb if they werent so drunk on the US's ChInA BaD koolaid they'd have som senseEnglish0·8 days agoI don’t think Canada has much of a choice. Have you seen what it looks like on a map.
Tenderizer78@lemmy.mlto World News@lemmy.ml•The U.S. Acts as if It Were the Emperor of the Planet: LulaEnglish1·11 days agoPeople (liberals, namely) are really starting to forget about Genocide Joe. And Obama took part in couping my country’s prime minister, or at least the CIA under Obama did.
Tenderizer78@lemmy.mlto Privacy@lemmy.ml•Stop children using VPNs to watch porn, ministers toldEnglish0·19 days agoJust give them a flip-phone and a living-room computer.
Victim mentality is on the rise, for two reasons. Firstly people are being led to believe their special and entitled to success without work, and secondly because success has become unattainable even with work.
I think this may have something to do with the rise in Nazism in capitalist countries.
If they do then they will likely invade Taiwan. The threat of America blowing up TSMC to prevent if from falling into China’s hands, and nuking the world economy, is what is stopping China from invading. Once China has it’s own advanced semiconductor industry there will immediately be war.