Nicolas Henneaux
@nicolas.henneaux.io
Reposted by Nicolas Henneaux
As the assets roll off, they accrue in Belgium’s Euroclear.
The real lesson isn’t dollar dominance alone—it’s that US-EU coordination creates overwhelming financial power.
Yet another case - like fighting a trade war vs China alone - where "America with friends" beats "America alone".
2/2
The real lesson isn’t dollar dominance alone—it’s that US-EU coordination creates overwhelming financial power.
Yet another case - like fighting a trade war vs China alone - where "America with friends" beats "America alone".
2/2
May 4, 2025 at 10:28 AM
As the assets roll off, they accrue in Belgium’s Euroclear.
The real lesson isn’t dollar dominance alone—it’s that US-EU coordination creates overwhelming financial power.
Yet another case - like fighting a trade war vs China alone - where "America with friends" beats "America alone".
2/2
The real lesson isn’t dollar dominance alone—it’s that US-EU coordination creates overwhelming financial power.
Yet another case - like fighting a trade war vs China alone - where "America with friends" beats "America alone".
2/2