The euro has the power to challenge the dollar

Growing U.S. unilateralism is an opportunity to end the greenback’s dominance.

Bloomberg Opinion/Leonid Bershidsky/9-12-2018

“The euro must become the face and the instrument of a new, more sovereign Europe,” [European Commission President Jean-Claude] Juncker said. “It is absurd that Europe pays for 80 percent of its energy import bill — worth 300 billion euro a year — in U.S. dollar when only roughly 2 percent of our energy imports come from the United States. It is absurd that European companies buy European planes in dollars instead of euro.”

USAGOLD note:  Even globalists these days are starting to sound like nationalists. . . .

Image by QuinceMedia (Pixabay) [CC0], via Wikimedia Commons

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