Summary
Italian Prime Minister Giorgia Meloni has called for an “immediate” summit between the US, EU, and Western allies to discuss Ukraine following a heated White House meeting between Trump and President Zelenskyy.
The February 28 meeting ended without agreement on a minerals deal after escalating into a confrontation over US aid and peace deal conditions.
Meloni warned that Western division “makes us all weaker” as European leaders reaffirmed support for Ukraine.
EU foreign policy chief Kaja Kallas commented that “the free world needs a new leader,” while European allies worry about being excluded from US-Russia negotiations to end the war.
I would start from removing dollar reserves from european banks. The value of money is only when people believe it have value. So if US money won’t have any value Europe won’t need US help.
I approve. As an American, I have been trying to swap my savings for Euros, because it feels like that the American Dollar will hyperinflate. However, I have a concern:
Musk is likely to try to install a Muskcoin and create a X Everything app, so that he can control the money of Americans. The EU will need to offer Euro banking services in the Blue States to oppose the establishment of Muskcoin. Also, blacklist American billionaires from European fiscal institutions, such as not accepting the swap of Musk’s dollars for Euros or EU properties.
I’ve never expected that the Cyberpunk eurodollar is about to be defictionalized.
Gonna get me some Eddies
What’s the conversion to nuYen, chummer?
(My first and formative experience with cyberpunk is actually Shadowrun 2nd Edition)
DOGE will fuck with the FDIC, force banks out of business. Musk tweets “Don’t worry, X has secured a contract from this great administration and have started XBank! All accounts and money from all US-based banks, credit unions, and other financial institutions will be migrated to XBank. Download the app immediately. X account is required to access the XBank app. This will be the only way to access your money so get your account today!”
And then their server center burns down from the enormous influx of traffic, Musk pockets the money, and the entire world sweeps into something worse than the Depression because a good chunk of the entire world economy simply doesn’t exist now.
His kiddies had write address in the treasury.
I picture the economy able to leave to Russia on any second Friday.
This is coming down the pipe I can see it now. All transactions will also be settled in dogecoin.
That could actually aid the US, of they were to shift again to a strong industrial base, and become an exporting nation.
That wouldn’t happen under current cost of living conditions and with this administration. And if it does happen at some point, well that’s the positive path out of this mess no? I don’t think there’s a solution that doesn’t involve getting most Americans decent paying work.
Everyone deserves a decent wage. It’s wishful thinking but maybe this mess is the straw that breaks the camels back and systems shifts.