Trade wars??

I was thinking if each trading block is manipulting their currencies to gain advantage over the other, then surely the inevitable outcome is a trade war or tariff system?

War is a very strong word to use. China can bankrupt the USA at its whim by dumping its dollar reserves. “War” is a term that should be reserved to conflicts where both sides have a chance of winning.

Hardly.

That’s MAD. Mutually Assured Destruction. :smiley:

https://www.optimist123.com/optimist/images/2007/04/09/piechart200701.gif

I think the principle threat in the Debt War for the Americans, are the Americans themselves. :open_mouth:

(see if you can spot Ireland on the chart, we must be one of the biggest holders on a per capita basis)