In August 2000, Iraq switched to selling oil in euros instead of dollars. Within two years, Iraq
was responsible for 9/11had weapons of mass destruction.Two things of note came in the wake of the absolute clusterfuck of replacing Saddam Hussein. Iraq brought back the death penalty, and started selling oil in dollars again.
Linking the invasion of Iraq with their selling oil in Euros makes no sense at all.
i think the euro has started to act as a reserve currency but not the reserve currency
iirc when the dollar became the world currency it had good and bad effects. one of the side effects was the massive increase in national debt to create the currency (securities) for people to invest in. it’s got so large that there is actual risk on the US defaulting on these debts as the US economy struggles to keep up.
https://en.wikipedia.org/wiki/Reserve_currency
i think more likely will be the increased use of Chinese currency as a reserve
A big fat tantrump.
Trump would invade England… Because reasons.
Uh, that’s the pound sterling. Unless they want to unbrexit. (not gonna happen as long as Farage is still haunting the country).
That was the joke.
Trump invading the UK cause he thinks they have the Euro would probably suprise no one at this point.
Trump’s not stupid, he would most likely invade someone who can’t hit back like Ukraine.
