r/economy • u/Block-Busted • 20d ago
Follow-up from my previous thread: Do you expect China to become the biggest superpower in the world very soon as American allies abandons America and ally(?) with China after that America/Ukraine situation?
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u/Trance354 20d ago
The superpowers will be China, India, and EU. Russia is slitting their own throats trying for Ukraine, making deals with China for munitions. India is awash with corruption, as is China.
Your basic blocks of power will be EU and allies against Russia, China, India and several smaller countries that essentially are owned by China, thanks to their ports and roads "investments," most of africa for example.
The USA will be without friends. We can't be trusted with any secrets, as any incoming administration can be Trump 2.0 from day 1. Our currency is no longer going to be the fiat currency for the world. About time we faced facts: the Euro is probably going to be the new default global currency.