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erronis

(22,035 posts)
Thu Nov 13, 2025, 03:29 PM Nov 13

They Have No Choice -- Digby

https://digbysblog.net/2025/11/13/they-have-no-choice/

The world breaks up with America



Trump says the U.S. is the “hottest” country in the world (apparently seeing it as one of those dancing babes at Mar-a-lago) but the world is running away as fast as it can. It’s no longer willing to put its security in the hands of the freak show run by a couple of looks-obsessed TV celebrities who are just popping off the top of their heads about global security and now they’re seeking ways to protect themselves from America’s economic leadership:

European financial stability officials are debating whether to create an alternative to Federal Reserve funding backstops by pooling dollars held by non-U.S. central banks in a bid to reduce their reliance on the U.S. under the Trump administration, five officials familiar with the matter said.

The talks, reported here for the first time, are a reaction to policies under U.S. President Donald Trump that have upended long-standing ties, put the Fed’s independence in doubt and underlined the dominant role the U.S. plays in global finance.


They have no choice. He’s going to replace the Fed chairman with a toady and do everything in his power to crash the world economy. The U.S. is becoming a hostile power.

The Fed’s facilities lend dollars to other central banks and function as a lifeline during bouts of market stress, ensuring global financial stability is maintained. Interviews with more than a dozen European central banking and supervisory officials show that they worry the facilities could be weaponized by the Trump administration.


They most certainly will be weaponized by the Trump administration. He is very stupid and has no idea what he’s doing but he loves to use whatever tools at hand to punish and manipulate countries without understanding the consequences. If he has a toady Fed Chair and the Supremes allow him to fire others, all bets are off.
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They Have No Choice -- Digby (Original Post) erronis Nov 13 OP
America deserves it. America did this to ourselves. RockRaven Nov 13 #1
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