The United States and the fall of the euro
Source
As economists had been predicting, the value of the euro has fallen below the dollar, and this is the result of everyone's fear of a recession on the European continent as a result of energy insecurity.
A plan in which the governments of the old continent have fallen like children and the driving force behind it is none other than the United States, who through NATO and seeing the Russian influence on the economy of the old country, orchestrated a warlike confrontation using the Ukrainian president as a puppet, which served as an excuse for sanctions against Russia.
Many will say that this point of view is biased and that the actions against the Kremlin have been well taken, to avoid a greater dependence, but in the end the only beneficiary of these actions has been the North American power, which has recovered a lost market and is heading towards another competitor called China.
Both nations together with India, Brazil and South Africa make up the BRICS which manages more than 40% of the world economy and which logically is not so fragile as to be destroyed by some sanctions against one of its members, let alone the greatest nuclear power on the planet.
There is no promising future either for the European currency or for the economies of the countries that have entered into a crouching war by sending camouflaged contingents in the form of mercenaries and weapons to keep the conflagration alive, taking into account that it will always be cheaper to buy from the neighbor than from another supplier outside the continent.
In the interval that has elapsed since the beginning of the war, three top leaders of countries that support the conflict have already fallen and the needs with which they have pushed the European people will end up claiming more, until sanity is present and peace returns to European soil or a third world war begins and chaos returns.
Hello @joseph1956 friend. I have always thought that wars give rise to any number of opportunities for countries near or far from the conflict, but there will always be a way for them to take advantage of it. So it's no wonder the United States is taking advantage of this right now.
As the saying goes, everything was coldly calculated at a time when the U.S. economy is not at its best.
hi @jose1956
This is a reminder, that when they tell you, There comes the wolf and it is not believed, without a doubt that these strategies of the USA is allow to breathe a little only, however they do it so as not to sink by themselves with their economy, in a few days they will come out with other strategies to delay the social and political outburst that they have.
Analysts say the U.S. economy is on the brink of recession and these moves are intended to mitigate the potential disaster.
Your post was upvoted and resteemed on @crypto.defrag
The fall of euros to dollars shows just how strong Russia's economy is in driving the usage of the Euro currency. Since Russia stopped using Euro and has settled for using Rupy, the Euro value continues to decline.
That is true, but this is a consequence of the sanctions imposed on Russia.
yup
Hi
The way the balance of power exists today and perhaps has always been in this world . One nations gain is another nations loss.
When the EU got formed and launched the Euro its value skyrocketed and gave the usd serious competition.
Now looks like things are tilting in favor of USA
As they were before the war, the dollar could not have been worth more than the euro, but the European Union fell into the trap of committing suicide by playing along with the Americans and sanctioning its closest supplier.