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RE: LeoThread 2025-11-16 07-55

in LeoFinance21 days ago

something else. You wouldn't just burn them and let them go to zero just because you're not going to be using them anymore. But that's what the Euro dollar market would have to do. Yeah, they would get rid of their dollar debt, but they'd be like if you found a bunch of black mold in your house and you had to get rid of the black mold. Yeah, you get to get rid of the black mold, but you got to burn your house down to do it, right? So it's easy to talk about, yeah, let's just do it. But when it actually involves you losing assets in the process, it's much easier or it's much harder to pull off. The second thing I would say is that there's, earlier this year when the U.S. quote unquote weaponized the dollar and seized Russian assets and froze bank accounts, there was a big uproar. I'm really not sure why. I mean, this has happened before in history, but there's this big uproar that nobody in the rest of the world would no longer trust the dollar and they will go elsewhere because this is (34/92)