> Major geopolitical failure by the US.

Nah, soft power is out. Bluntly, if the Philippines strays too far from US interests, they can be strangled, first economically, then militarily.

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simmerup 7 days ago | parent | next [-]

If the Us keeps attacking its allies economically and militarily the petrodollar will crumble and those trillions of dollars of debt will start to be a heavy burden

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Henchman21 7 days ago | parent | next [-]

So it's all going to plan then?

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lostmsu 7 days ago | parent | prev [-]

If dollar crumbles, the debt becomes lighter, no?

	▲	simmerup 6 days ago \| parent [-]
		Tons of countries buy the dollar bond because it’s a safe bet. It’s how the world does finance. If that stops, then the world stops buying dollars. And then America has to start justifying why a printed dollar justifies buying an import from China or Europe of real valuable goods

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lawgimenez 7 days ago | parent | prev | next [-]

Of course, that’s what US will do to its old allies.

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7 days ago | parent | prev [-]

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