> Yeah, but do you control international banking the way they do?

This is why Europe needs to detach itself from the American banking system.

It used to be very practical to use it. Countries renounced to some sovereignty in exchange for ease of doing business. The USA had an advantage but it didn't abuse it too much.

The current situation is that the USA is asking to forfeit sovereignty and to control business in an ideological basis. There is a strong incentive to leave that system as the alternative is become a colony of the USA. And the push for colonization is not subtle as the president takes over other countries resources like Venezuela's oil or tries to take control of the straight of Hormuz (None part of the USA at this moment)

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graemep 30 minutes ago | parent [-]

At the moment Europe is getting more reliant on the US. There are new non-Us payment systems but the end user devices are Apple or Google controlled. Governments and banks are very eager to get rid of cash, to introduce digital ID etc. That all relies on American platforms.

	▲	Frieren 15 minutes ago \| parent [-]
		> That all relies on American platforms. Totally true. The EU needs its own platforms, I hope that better regulated than their USA counterparts. Linux started in Europe, it should have been promoted more for internal usage. But privatization of state-owned companies made it ideologically impossible to push for it. Public good was seen as "bad" and "against business", I hope that the obvious failure of that policy makes it now a possibility to use Linux.