In These New Times

A new paradigm for a post-imperial world

The euro has the power to challenge the dollar

Posted by seumasach on September 13, 2018

Bloomberg

12th September, 2018

European Commission President Jean-Claude Juncker isn’t a nationalist populist, but he devoted his State of the European Union address on Wednesday to the defense of “European sovereignty.” This means, among other things, using the euro to challenge the U.S. dollar’s global dominance, particularly in an era of growing American unilateralism.

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