The European Union will not allow the collapse of the American economy and the collapse of the dollar after the US raised tariffs.
The European Union will not allow the collapse of the American economy and the collapse of the dollar after the US raises tariffs.
The European Union will not allow the collapse of the American economy and the collapse of the dollar after the US raises tariffs, regardless of the extent of the losses to the dollar and the euro.
Because if the dollar collapses globally due to the economic war with China first, and then the rest of the world:
1. The next turn will be for the euro.
2. Europe will be alone in confronting China and Russia.
3. The Chinese yuan will be the next global currency, and the euro, gold, and oil will be denominated in it on global stock exchanges.
4. China will invade European markets and industries, and unemployment and inflation will rise significantly.
5. America will be unable to finance the wars that Europe considers wars against terrorism.
6. The collapse of the dollar means the loss of the value of dollar reserves and US Treasury bonds in European banks and other countries around the world.
With it, global demand for European goods will decline, unemployment will increase, and recession will follow.
Establishing economic unity between European and American markets is the future and the only solution that decision-makers will seek. Achieving economic strength and economic integration in the face of the Chinese industrial giant.
Economic expert George Khazam
Syrian Commercial Directory, Syrian Company Numbers, Syrian Business Directory
