Originally posted by Gatefan1976
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Actually, I think both Asia and Russia would jump at the chance to replace the USD with their currency being the international standard. Swapping the standard to the CAD (so, I'm talking your country specifically here) would do economic marvels for Canada, it would suddenly become the international trading hub of the world, and businesses would flock to you as the place to grow and develop and create jobs and wealth, same if they switched it to the AUD for me.
China
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Russia, simply put,
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As for Canada
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It is not as simple as you make it GF. Countries are mostly stuck in certain models due to their history, and changing an economy takes a very long time, often wars, and effort and money and that can't be done in a few years. India is a great example, they are transitioning to an economy of technology and knowledge and have been for many years now, but they are a very long way from having something stable. The living conditions are still terrible .
Why?
If the USA can abandon the Iran deal, the Paris accords, NAFTA, the TPP and so on unilaterally, the other signatories can just cut the USA out of the signing process.
If the USA can abandon the Iran deal, the Paris accords, NAFTA, the TPP and so on unilaterally, the other signatories can just cut the USA out of the signing process.
I doubt it.
The Western core of the EU stands strong, and while the Eastern former USSR states may crumble, they should already have had a glimpse into what that would look like via Brexit.
The Western core of the EU stands strong, and while the Eastern former USSR states may crumble, they should already have had a glimpse into what that would look like via Brexit.
How is it an act of war?
I don't disagree it would be dangerous, but exactly HOW is doing it an act of war? I mean, I find the Muslim ban a crappy idea, but I would not elevate it to "act of war".
Trade war, sure.
Act of war is a legally recognized reason to kill people.
I don't disagree it would be dangerous, but exactly HOW is doing it an act of war? I mean, I find the Muslim ban a crappy idea, but I would not elevate it to "act of war".
Trade war, sure.
Act of war is a legally recognized reason to kill people.
What do you think happened after Obama's sanctions against Russia? Waves and waves of cyber attacks in Canada and the US, maybe Australia too since you guys are part of the Big 5. Guess the origin of these attacks? Mostly from Russia and China, these two countries are like brothers that hate each others, not true allies but can partner up if their goals are aligned and a big one of theirs is: their distaste for democracies.
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