Backlash Against Weaponized Dollar Is Growing Across the World

Korkki@lemmy.world to World News@lemmy.world – 41 points –
Backlash Against Weaponized Dollar Is Growing Across the World
finance.yahoo.com

(Bloomberg) -- All around the world, a backlash is brewing against the hegemony of the US dollar.

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All of these countries are either failed democracies or dictatorships. Not sure where you are from, but it's in my interest that democracy remains strong. If that means sanctioning non-democratic countries when they want to undermine democracies, then so be it.

With how flawed the US democracy is and with how often the US undermines democracy in especially south America. What the US understands as a danger to democracy is more often than not a danger to neoliberalism, Cuba gets sanctioned while Saudi Arabia is embraced doesn't really speak for the pursuit of furthering democracy.

Also the US has no one actually holding it accountable internationally, just because of military and economic might, so their leaders seem to think their forgein policy is reasonable, while it mostly is a disaster. Sure in Ukraine they are supporting a war where they have justifiable reason to do so, but this recently hasn't been the case in Afghanistan, Iran and Iraq or Vietnam earlier. Militarily forcing democracy and/or neoliberalism on countries doesn't really work.

Not sure why you are bringing up all the wars the US has been involved with or what US's foreign policy is. I'm not from the US and never said I agreed with their behaviour. I do, however, agree with protecting democracy through economic or military means.